If nothing unexpected happens, BTC will not fall any further!
There are many reasons, including the Fed's postponement of interest rate cuts, which cannot release more liquidity. Geopolitical conflicts will also directly affect BTC's callback, causing panic selling by users, and malicious short selling by institutional capital will also harvest some leeks.
In addition, the reason for BTC's rise is the upcoming halving. Although it has little impact on the supply and demand relationship, history will be surprisingly similar, and it will rise sharply after each halving. In addition, the ETF in the United States and Hong Kong has been passed, which will attract more funds to enter. Subsequently, ETFs in other countries may also be passed one after another, bringing a lot of liquidity.
At present, whether it is retail investors, institutions or outsiders, it is generally believed that BTC may reach hundreds of thousands in the future, which is normal. With the development of the times, the crypto market has been paid attention to and accepted by more people, and it may become a mainstream market in the future! The future of BTC is full of expectations.
