Cryptocurrency market plummets? This is your last chance to enter the market!
Bitcoin is about to rise to $200,000! Trump wants to use BTC as a strategic reserve! In 10 years, Bitcoin will reach $1 million per coin! So the question is, how many do you have now?
The data in the cryptocurrency circle changed overnight. In this bull market, I am most optimistic about these 5 coins. Each of them has a potential of nearly 10 times. Let’s get started without further ado.
First of all, the latest data in the cryptocurrency circle has undergone qualitative changes.
The picture shows the investor sentiment indicator, which has undergone a fundamental change.
According to the analysis of current social media post records, investors' sentiment has reached a 16-month high, which is much more bullish than when Bitcoin was at 73,000 in March. It can be said that it has swept away the gloom of the previous few months.
Some people say that this is a signal of a peak. Well... if we have entered a bull market for a long time, then this is indeed correct. However, the cryptocurrency market has actually been a bear market in the past few months, so Shuqin thinks that this may very well be the signal of a turn from bear to bull that we have been waiting for.
However, we must admit that after the positive news of the Bitcoin Conference ends, some profit-taking may be stopped temporarily, causing a certain amount of selling pressure. But in the long run, investor sentiment is no longer pessimistic, which is what I pay more attention to. This also provides a good breeding ground for the subsequent bull market. Any fire can ignite the passion of the market again.
Speaking of the Bitcoin conference that just ended, Trump was really amazing. He urged people not to sell their Bitcoins because their market value will surpass that of gold! It was really bullish.
The current market value of gold is 16 trillion, while Bitcoin is just over 1 trillion. As a new value storage tool, BTC still has more than 10 times of room for growth in the next 10 years.
Another speech he made at the conference was even more shocking. He said that after he was elected, he would let the United States use Bitcoin as a strategic reserve. This was simply shocking. So the next market may not be driven by Wall Street, but by the entry of a more powerful national team. The cryptocurrency circle is really getting bigger and bigger, and is now on the verge of an explosion.
Even Micro Strategy CEO Michael Saylor said at the meeting that Bitcoin will rise to 13 million US dollars per coin in 2045! And in the bull market, it will reach 49 million per coin, which is simply crazy.
This really makes Shuqin dream back to the bull market in 2020, when people gradually lost their rationality and everyone dared to think big. At that time, when Bitcoin was at 4,000, some people dared to ask for 500,000 U. Although it did not reach that in the end, the increase from 4,000 to 60,000 was almost 20 times.
Trump's latest support rate is also steadily ahead of his opponents. As long as there are no major problems, there is a high probability that he will be elected.
Currently, Bitcoin has reached a very good trend line support of 65,800. I think it is worth buying one more hand as the support is strong.
There is still a lot of room to go up, and it is expected to return to around 69000 in the short term. If it falls a little below, we will stop loss, and the profit and loss ratio is still very cost-effective.
However, despite being optimistic, the address in Mentougou still has 5 billion bitcoins waiting to be sold. Every time he transfers the tokens, the market will plummet, which is actually a very good opportunity to cover the position. Shuqin always waits for him to sell and then I go in to buy at a low price, which works every time.
As for Ethereum, there is still 7.5 billion Grayscale selling pressure. It can be said that the bad news for both the big brother and the second brother has not been completely exhausted yet.
But it will be soon. They should be able to sell all their shares in just two weeks, so these 10 days are actually your last chance to get on board.
After that, all the bad news in the cryptocurrency world will be gone, and all will be good news, such as the Federal Reserve’s interest rate cut, the US election, and FTX’s $16 billion cash compensation, each of which will inject a large amount of funds into the cryptocurrency world.
The real signal for the start of a bull market in the cryptocurrency world is when Bitcoin breaks through its historical high of 74,000. At that time, Bitcoin may reach 100,000 in a month, marking the start of a real bull market.
Like in the last cycle, Bitcoin broke through 20,000 at the end of December, and then went up all the way, rising to more than 60,000 in just 2 months.
So when the bull market really comes, it will rise very fast, so everyone should pay close attention to the most important bull market signal, which is breaking through the previous high.
As for small coins, I am firmly optimistic about Solana and its several key ecosystems in this bull market, such as Defi leader Ray, staking leader JTO and Dogecoin leader WIF. As for Ethereum ecosystem, I am more optimistic about Pepe, Tru, Render and Floki, which are relatively volatile coins, because these types of coins often perform well in bull markets. Leaders like Uni and Maker are also good, but the fluctuations are slightly smaller. If you want to be stable, you can invest in some.
As for the short term, we have talked about it before. The cryptocurrency circle will have a small climax before Trump's speech, allowing everyone to cash out at high levels. I also posted it twice in the community.
And then you saw that the currency market had indeed exhausted all the good news, and it plummeted. Bitcoin fell from 69,000 to 66,000, and many small coins fell by more than 10%. At that time, Benqin also shorted People, which provided food for next month. Now we can buy at low prices again and happily buy at low prices.
These are all based on experience. Whether it is the previous bottom-fishing or the short-term top-selling yesterday morning, you can make a small profit. So we try to make a little money every day and try to double the principal before the bull market starts. Those who are interested in daily operations can take a look.
Okay, let’s continue.
Lao Hu, a well-known well-informed person in China, recently shared his A-share performance, which sparked heated discussion.
According to his own disclosure, he has lost 100,000 yuan, which is really terrible. So you see that even this insider has failed in the A-share market, let alone retail investors.
Let’s compare the trends of the domestic A-share market, U.S. stocks and cryptocurrency circles during the same period.
Look, 20 years have passed, and the A-share market has remained at 3,000 points forever. Taking into account the inflation in the past 20 years, the return is actually a negative growth of 50%. But if you look at the Nasdaq, it has also increased 20 times in the past 20 years, which is equivalent to doubling every year.
Moreover, it is a snowball-like compound growth, which gets bigger and bigger. Not to mention the cryptocurrency market, which has seen dozens of times of growth in each bull market.
So the question is, do you plan to get rich by buying a house with a 70-year property right or by playing the Big A?
And have you noticed that the more they encourage you to play something, the less money you make. And the more they don't let you play something, the more money you can make.
So Shuqin, let me tell you the truth. The cryptocurrency world is really one of the few opportunities for ordinary people like us to change our own destiny. It is the starting point of your second life!
This time, we got to know each other through the cryptocurrency circle, and we work tirelessly for the same dream every day. So Shuqin sincerely wishes that all the viewers who watch my show can get what they want next year and realize the dream in your heart, okay!
