Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#创作者挑战赛
Although Bitcoin is oscillating around $96000, from a long-term investment perspective, the current price fluctuations may just be a short-term technical consolidation, and do not change its long-term upward trend. The long-term value of Bitcoin mainly comes from its decentralization and widespread market demand, especially against the background of institutional investors gradually entering the cryptocurrency market.
Currently, the volatility of Bitcoin may be a market consolidation process at a high level, and investors need time to digest the current price after continuous rise. Although there may be a small pullback in the short term, from a long-term perspective, Bitcoin still has strong potential for growth. The application of blockchain technology is constantly expanding, and the acceptance of digital currency is increasing in more countries, which will further enhance the demand for Bitcoin.
In addition, the supply of Bitcoin is limited, and the halving event that occurs every four years also contributes to the scarcity of Bitcoin. This change in supply and demand will undoubtedly drive the price of Bitcoin further. Therefore, although there may be fluctuations and pullbacks in the short term, Bitcoin is still worth holding from a long-term perspective.