Discussion on the warning of BTC decline 📉 after 🎄
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This Christmas, the cryptocurrency market has witnessed a special miracle with Bitcoin (BTC). Near the holiday season, $BTC experienced a strong surge to over 100k, surprising and exciting many investors.
Bitcoin, from a price of 94K USD, skyrocketed to 99K USD within a day, creating a massive green candle on the chart. This is a sign of BTC's strong recovery after a period of adjustment. "Grass" analysts suggest that this surge may be the result of "whales" (those holding large amounts of BTC) starting to buy in aggressively, along with the market's optimistic sentiment during the holiday season.
However, some experts warn that after this surge, BTC may experience a slight adjustment to around 80K USD before continuing its growth cycle. This reminds investors to be cautious and not let emotions dominate their trading!!
Continued growth after Christmas and after a correction: With the strong upward momentum during the Christmas holiday, if market sentiment remains optimistic and global economic factors do not experience significant fluctuations, BTC may continue to reach higher price levels. "Whales" and long-term investors may continue buying in, pushing the price up to 100K USD or more.
