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Bitcoin this year wants to reach 200,000 dollars? Don't dream!
James Check, the chief analyst at Glassnode, recently poured cold water on everyone, saying: Bitcoin reaching $200,000 this year? Basically impossible! Why? Because the current market trading volume is too low to support such a surge.
However, this guy doesn't completely look down on Bitcoin. He believes that within five years, Bitcoin will definitely break through $200,000, but don't expect that this year.
In short, don't get too excited in the short term, but it's still stable in the long term!
Many people in the market are fantasizing that Bitcoin is about to skyrocket, but when professional analysts like James Check speak, everyone needs to stay calm. After all, this thing fluctuates wildly, and it's really difficult to achieve instant success in the short term.
So, the coin hoarders can continue to hold their coins with a zen-like attitude, waiting for the bull market in a few years; but if they want to get rich this year, they might need to adjust their expectations. After all, a day in the crypto world is like a year in the real world, who knows what kind of surprises will pop up tomorrow?
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