In the past two years, Bitcoin has experienced numerous pullbacks and declines
But it has not been able to stop Bitcoin from rising from $20,000 to $100,000
The decline of Bitcoin in the past two weeks
is related to the decline of the US stock market
In December, the Federal Reserve's interest rate meeting hawkishly cut interest rates, and Powell's speech suppressed Bitcoin
The US stock market has fallen sharply, causing Bitcoin to rise and fall
But the general trend is still there. After the short-term negative impact ends, Bitcoin will regain its upward trend.
Bitcoin is currently at a short-term pressure level of $99,000-100,000
After an adjustment in the past two weeks
Falling from $108,000 to more than $91,000 and stabilizing
After three consecutive days of rebound, we believe that a short-term decline is basically completed
The upward trend will continue for a period of time, and the short-term pressure is at the integer mark of $100,000
First, it must stand firm at $100,000, and then continue to break through the previous historical high of $108,000
The bull market of some small coins has ended early, while the market of some real value coins has not started yet. The bull market of big coins in 2025 is still nearly a year away.
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