Recently, the Bitcoin (BTC) market has attracted widespread attention from investors. Since the beginning of 2023, the monthly candlestick chart of BTC has shown a slow but steady upward trend, which may indicate the start of a new long-term bull run cycle. This trend differs from the past four-year cycle theory, and investors need to adjust their market perspectives.

Between 2022 and 2023, we observed a significant increase in BTC trading volume, which is often seen as an important signal of a shift in market sentiment. Subsequently, the trading volume decreased, but the price continued to rise, which may reflect a more cautious and long-term attitude of market participants towards BTC.

It is worth noting that with the rise in Bitcoin prices, purchasing a whole Bitcoin has become increasingly difficult for many individual investors. This scarcity may further drive the value of Bitcoin. For those investors looking to participate in this asset class, considering the purchase of smaller units of Bitcoin (such as 0.1 or 0.05 BTC) may be a more practical option.

Overall, the Bitcoin market is undergoing an interesting transition period. Investors should closely monitor market dynamics while also recognizing the potential long-term value of Bitcoin as an emerging asset class. However, like all investments, participating in the Bitcoin market carries risks, and investors should make informed decisions based on their financial situation and risk tolerance.