In-depth Analysis: Where Will Bitcoin Go After Breaking Through $40,000?

If people believe in Bitcoin's value, then even if there are several crashes and bumps along this value path, it's actually normal. In fact, from a long-term perspective, Bitcoin should maintain an upward trend. Even though many people think there's a bubble, as Georgetown University finance professor James Angel said, the history of financial markets is the history of bubbles—so, while being cautious about risks, don't be afraid. On November 28, 2017, Bitcoin broke through $10,000. On December 16, 2020, Bitcoin broke through $20,000.