It's said that Bitcoin is digital gold. Just a reminder: gold hit a new high of $2,000 in August 2011 (some markets at $1,980, others at $2,015). After that, it consolidated for 4,596 days, which is 13 years before truly breaking out of the doldrums. Of course, during this period, it was cut in half to $1,000 at its lowest, and it also pierced through $2,000 several times, but each time it pulled back more than 20%. Gold has experienced this, so what about BTC?
Personally, I believe that long-term BTC is better and more in line with modern financial requirements. However, hoping to exceed $BTC 15,000 USD in the short term is a bit optimistic. The plum blossom's fragrance comes from the bitter cold; if you don't grind yourselves out, there won't be a big rise!
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It's said that Bitcoin is digital gold. Just a reminder: gold hit a new high of $2,000 in August 2011 (some markets at $1,980, others at $2,015). After that, it consolidated for 4,596 days, which is 13 years before truly breaking out of the doldrums. Of course, during this period, it was cut in half to $1,000 at its lowest, and it also pierced through $2,000 several times, but each time it pulled back more than 20%. Gold has experienced this, so what about BTC?
Personally, I believe that long-term BTC is better and more in line with modern financial requirements. However, hoping to exceed $BTC 15,000 USD in the short term is a bit optimistic. The plum blossom's fragrance comes from the bitter cold; if you don't grind yourselves out, there won't be a big rise!