#市场回调抄底还是观望? $BTC
The duration of Bitcoin's pullback is difficult to predict accurately. Its price fluctuations are influenced by a combination of factors, including market supply and demand, investor sentiment, regulations, macroeconomic conditions, and more.
Analysts from the crypto data provider Glassnode stated on November 14, 2024, that historically, Bitcoin's upward phases last an average of about 22 days, after which significant pullbacks occur, during which approximately 5% of circulating Bitcoin prices may be pushed below their original acquisition prices. However, the current market conditions may differ from historical data, and one cannot simply rely on historical patterns to infer the duration of future pullbacks.
Different analysts and institutions also have their own views. For example, DFG believes that in December 2024, due to the Christmas season, many Wall Street institutions, hedge funds, and market makers may take vacations, during which Bitcoin may experience a pullback. Some analysts also expect Bitcoin to potentially drop to the range of $38,000 to $40,000, with targets around $34,000.
Investment decisions should be based on one's financial situation, investment goals, risk tolerance, and investment experience. Additionally, virtual currency trading in China is not legally protected. It is recommended that investors fully understand the Bitcoin market and related risks before making decisions.