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Can I still buy Bitcoin with $100,000?
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2024-11-22 17:02:01 981

Can I still buy Bitcoin with $100,000?

On November 22, the price of Bitcoin broke through the US$99,000 mark, setting a new all-time high. It was only one step away from the much-anticipated US$100,000, with an increase of more than 40% in two weeks. %. Since Trump won the U.S. presidential election on November 5, the cryptocurrency market has increased in value by approximately $900 billion and has become the focus of global financial markets.

Trump becomes the "cheerleader" of the currency circle

Bitcoin approaches $100,000 The historic high is largely due to the market’s optimistic expectations. Trump’s support for cryptocurrency is seen as the biggest driver of the prosperity of the cryptocurrency market, indicating that the United States will shift to more friendly regulations in the currency circle.

It is reported that the Trump team has begun exploring whether to create a position in the White House dedicated to digital assets, which would be the first such position in the United States, and Ability to maintain direct contact with the President-elect. The discussions are the latest boost to U.S. market sentiment toward digital assets following Trump Media Group’s planned acquisition of crypto trading platform bakkt and the launch of U.S. Bitcoin ETF options.

At the same time, the news on Friday that US SEC Chairman Gary Gensler will resign on January 20, 2025 also triggered a positive reaction in the market. Gensler’s series of tough enforcement actions during his tenure at the SEC resulted in the recovery of approximately US$21 billion in fines, and was criticized by many in the currency circle. During the campaign, Trump also made it clear that he would replace the SEC chairman.

The advent of the institutional era

As the price of Bitcoin continues to rise, market attention has Shift from “if” $100,000 will break out to “when” it will break out.

"Bitcoin major" MicroStrategy announced today that it has raised US$3 billion through the issuance of convertible senior notes for continued purchases of Bitcoin. Since November, the company has raised $6.6 billion and bought 78,000 new Bitcoins. MicroStrategy currently holds approximately 1.67% of all Bitcoins in circulation worldwide, with its digital asset reserves worth up to $31 billion. Thanks to this strategy, the company's stock price soared 750% during the year.

MicroStrategy's success is attracting more companies to imitate. Many companies are imitating its successful experience, using long-term zero-coupon bonds for extremely low-cost, extremely low-risk financing, and purchasing and accumulating BTC as corporate reserve assets. .

In addition, the asset size of U.S. Bitcoin spot ETFs is also growing rapidly. Data shows that after the November election, there were 12 Bitcoin-related ETFs in the U.S. market. Net inflow of funds reached 58 billion, with total assets exceeding US$100 billion. These ETFs have accumulated more than 1 million Bitcoins, further consolidating the dominance of institutional investors.

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At the industrial level, Trump’s encryption-friendly stance will not only have an impact on the United States, but will also promote the layout of crypto assets in various countries around the world, and even set off various countries’ response to the web3 industry.

In the past, the Bitcoin market was mainly driven by retail investors in the market. Now BTC has entered the institutional era and is transitioning from a "speculative tool" to a "mainstream asset". There are only 21 million Bitcoins in the world as safe-haven assets. Value is becoming increasingly evident

Have investors missed the opportunity?

The price of US$100,000 is not only a reflection of market popularity, but also a comprehensive reflection of Bitcoin’s long-term scarcity, global consensus and value storage. For retail investors who have successfully held Bitcoin so far, they only need to feel at ease Sit on the high-speed train of Bitcoin and let institutions and subsequent sovereignty continue to drive the train forward as new driving forces.

For investors who are still on the sidelines, it will indeed be prohibitive for many people. However, the "high" or "low" price is inherently subjective and depends on investors' perception of its long-term value. . Even if the current price seems high, it may be just a stage in its climb in value. Historical data shows that as long as investors can hold on to it for the long term, Bitcoin's upward trend can often compensate for the short-term risk of buying at highs. /p>

Of course, market changes are unpredictable, and it is extremely challenging to predict tops and bottoms. In particular, bull markets are usually accompanied by plummets. For investors who want to enter the market, regular fixed-amount investment is an ideal strategy. . No matter whether the market rises or falls, solidBy investing at a fixed time and amount, you can buy more units at low prices and fewer units at high prices, smoothing the overall investment cost and reducing dependence on market timing. Over time and the market recovers, assets can grow exponentially.

4E, as the official partner of the Argentina team, supports spot and contract transactions of more than 200 crypto assets such as Bitcoin and Ethereum, covering various sectors, with high liquidity and The fees are low and the fixed investment function is specially launched, providing investors with a simple and efficient investment method.

At the same time, 4E also integrates traditional financial assets into the platform, establishing a platform covering everything from deposits to From encrypted assets to a comprehensive one-stop trading system for US stocks, indices, foreign exchange, bulk gold, etc., there are more than 600 assets with different risk levels. You can invest with one click at any time by holding USDT. In addition, the 4E platform has a risk protection fund of US$100 million to provide another layer of protection for users’ financial security. With the help of 4E, investors can keep up with market dynamics, flexibly adjust strategies and capital allocation, and seize every potential opportunity.

Keywords: Bitcoin
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