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Today's market,Bitcoin is facing pressure near 97,500,with support near 94,500.It is consolidating within this range.As we approach the weekend and the end of the month,it is almost certain that this month will close with a strong bullish candle,and the monthly line will look very good.Therefore,it is highly likely that Bitcoin will break through the 100,000 mark in December.In the last two days of this month,it is expected that Bitcoin will not have significant fluctuations,and it should just be a minor movement,which will then provide opportunities for other altcoins to rebound and rise.The overall trend remains bullish,and the operational strategy should be to focus on buying on dips.
Bitcoin prices continue to rise and set new highs,with100,000 seemingly within reach.So why is the performance of the Bitcoin ecosystem so weak in this cycle?When will the bullish winds blow into the Bitcoin ecosystem?
I believe that the narrative of the Bitcoin ecosystem will not be abandoned by the main forces,just as I have always insisted on the metaverse gaming track.Many experienced people say it is a pseudo-narrative and do not look favorably upon it.However,in this market cycle,metaverse gaming has indeed performed very well,and many hot spots have emerged.The Bitcoin ecosystem,represented by STX,is also like this.The wind of the BTC ecosystem is slowly blowing,for the following reasons:
• In recent days,there has been a dense minting of BRC20 tokens on the chain,and the minted tokens have generally yielded quite substantial profits.
• Inscriptions such as π,Ω,and FIFA have all seen significant surges in value.
• The overall trading volume of inscriptions is five to six times that of the previous two days.
Various signs indicate that a small wealth effect has already arrived in the BRC20 ecosystem.
Currently,funds have entered the Bitcoin ecosystem,and those who have not yet allocated should quickly allocate some to new coins such as PIZZA,FB,and DOG.There are also secondary new coins like MERL,SEAL.Last round's core coins include STX,CKB,ORDI,RATS,SATS,ATOM,ETHS.Therefore,what is now exploding are new coins and secondary new coins.
Today's market,Bitcoin is facing pressure near 97,500,with support near 94,500.It is consolidating within this range.As we approach the weekend and the end of the month,it is almost certain that this month will close with a strong bullish candle,and the monthly line will look very good.Therefore,it is highly likely that Bitcoin will break through the 100,000 mark in December.In the last two days of this month,it is expected that Bitcoin will not have significant fluctuations,and it should just be a minor movement,which will then provide opportunities for other altcoins to rebound and rise.The overall trend remains bullish,and the operational strategy should be to focus on buying on dips.
Bitcoin prices continue to rise and set new highs,with100,000 seemingly within reach.So why is the performance of the Bitcoin ecosystem so weak in this cycle?When will the bullish winds blow into the Bitcoin ecosystem?
I believe that the narrative of the Bitcoin ecosystem will not be abandoned by the main forces,just as I have always insisted on the metaverse gaming track.Many experienced people say it is a pseudo-narrative and do not look favorably upon it.However,in this market cycle,metaverse gaming has indeed performed very well,and many hot spots have emerged.The Bitcoin ecosystem,represented by STX,is also like this.The wind of the BTC ecosystem is slowly blowing,for the following reasons:
• In recent days,there has been a dense minting of BRC20 tokens on the chain,and the minted tokens have generally yielded quite substantial profits.
• Inscriptions such as π,Ω,and FIFA have all seen significant surges in value.
• The overall trading volume of inscriptions is five to six times that of the previous two days.
Various signs indicate that a small wealth effect has already arrived in the BRC20 ecosystem.
Currently,funds have entered the Bitcoin ecosystem,and those who have not yet allocated should quickly allocate some to new coins such as PIZZA,FB,and DOG.There are also secondary new coins like MERL,SEAL.Last round's core coins include STX,CKB,ORDI,RATS,SATS,ATOM,ETHS.Therefore,what is now exploding are new coins and secondary new coins.
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