🎅 Bitcoin ETF suffered capital outflows at the end of the year, but its overall performance this year is still impressive

The performance of the Bitcoin ETF was a bit disappointing during Christmas week, recording its worst weekly decline since mid-September.

Since the Federal Reserve cut interest rates by 25 basis points and Powell's hawkish remarks in the early morning of December 19, the price of Bitcoin spot market has been falling. However, don't be too pessimistic. Analysts say that the overall performance of ETFs this year is the best in history.

Last week, the BTC ETF reached nearly $388 million in net outflows throughout the week. Among them, Fidelity's FBTC and BlackRock's IBIT became the biggest losers, with outflows of US$183 million and US$21.11 million respectively. Grayscale’s FBTC and ARK 21Shares’ ARKB experienced single-week net outflows of US$58.87 million and US$16.42 million respectively.

Despite significant outflows in the past two weeks, total net assets of Bitcoin ETFs have soared to $106.24 billion, according to SoSoValue.

Bloomberg analyst Eric Balchunas said that the total net assets of spot Bitcoin ETFs are close to the US$128 billion of gold ETFs. He also emphasized that the BTC ETF is a "disruptor" for traditional investors and predicted that their gold ETF will grow 3 times.

On the other side, Matthew Bartolini of State Street Global said that the global ETF industry is experiencing its best year ever. The launch of new ETFs, notably the Spot Bitcoin ETF in January, has added more than $50 billion in assets to the iShares Bitcoin Trust ETF (IBIT) since its launch on January 5, 2024.

Despite several downturns this year, the spot BTC ETF has completely exceeded expectations this year. According to data from Farside Invest, positive net flows to spot Bitcoin ETFs this year reached $35.24 billion, exceeding all expectations.

In general, the performance of Bitcoin ETF during the Christmas week may be just a short-term fluctuation. In the long run, its development prospects are still worth looking forward to. As the market continues to change and innovate, we have reason to believe that Bitcoin ETFs will continue to play an important role in the future, providing investors with more choices and opportunities.

#比特币ETF #资金流出 #ETF表现 #加密货币投资 #市场分析

📊 Analyst Prediction: Analysis of Bitcoin's Ultimate Profit Target and Key Levels for 2025

According to cryptocurrency analyst Xanrox's latest prediction, by 2025, the price of Bitcoin may reach a new peak, expected to be between $115,000 and $125,000. Sounds a bit exciting, doesn't it?

Xanrox has plotted a possible price trajectory for Bitcoin's future by analyzing Elliott Wave Theory and Fibonacci extensions. He points out that in the current cycle, we are in the progression of the 5th wave, which is expected to push Bitcoin's price to the upper resistance level.

Xanrox also emphasizes the importance of a long-term upward trend line, which will serve as a resistance level intersecting with Bitcoin's price in the coming months. He suggests that investors closely monitor this trend line and set alerts as Bitcoin approaches this key point, as it could be a sell signal.

Additionally, Xanrox mentioned the 1.618 Fibonacci extension level, which is $122,068, an important static resistance level. While his prediction is relatively conservative, he also acknowledges that other analysts may present higher price targets.

However, Xanrox reminds us that Bitcoin's market capitalization is already very large, making it more challenging for prices to reach certain ambitious targets. But his prediction is based on long-term analysis of weekly data and can only be confirmed when the upward trend line and Fibonacci levels converge.

In his short-term analysis, this analyst predicts that Bitcoin will soar to $125,000. However, this significant rise is expected to occur after Bitcoin's price drops significantly to a new low of around $85,000.

Finally, when Bitcoin reaches the predicted market peak, Xanrox predicts it will enter a long-term bear market, marking the end of the current bull market cycle. According to this trend, the Bitcoin bear market could occur between 2025 and 2026.

Therefore, Xanrox predicts that Bitcoin may retrace to this bearish level and could find support around $50,000 to $60,000 during the bear market.

Despite the uncertainty of the predictions, these insights can serve as a reference for buying and selling. Investors should closely monitor market dynamics and make informed decisions at critical moments.

#比特币预测 #市场分析 #投资策略

Imagine that I am sitting in the truck cabin, fully loaded with goods, while carrying my financial dreams. Every time I hear the old tune of 'this time there are no altcoin seasons' on the road, my speed has never slowed down. The reality is that market fluctuations are like the slopes on the road, always with similar ups and downs.

Friends, if you are feeling confused about the market right now, it's time to check your investment strategy. It could be that you are over-leveraged, or your investment targets do not align with the current market trends. Remember, every market adjustment is like finding out who has been swimming naked only after the storm has passed. Now, during this pullback, is a great opportunity for us to filter for quality assets! Many promising coins have already reached their lows, offering us a rare buying opportunity.

The CRV I previously invested in has already doubled easily, while DOGE, XRP, APT, OP, UNI, LINK, EIGEN, ENA, etc., have all brought good returns. Next, I will continue to go all-in on these projects, and of course, the target price is to break upward! Let's seize the lucrative opportunities in altcoins together. The current price of CRV is 0.95, APT is 8.98, and DOGE has reached 0.32. Feeling good? Don't forget to check my predicted upward targets; new opportunities are right in front of you, are you ready to embrace them?

Seize this wave; the ones who regret are those who missed the ride! Feel free to like, follow, and share to start our path to wealth!

🚀Bitcoin sprints to the $110,000 mark, but there are still many challenges

Bitcoin's recent trend is eye-catching, and the price once approached the $110,000 mark. But just when everyone thought it was going to soar, Bitcoin seemed to be paused, and the price fell back to a low of $92,000.

Analysis company Santiment emphasized that market sentiment has a great impact on Bitcoin prices. But the actual situation is often that when everyone expects it to rise, the market will do the opposite.

In the past two days, the price of Bitcoin rose from $94,000 to nearly $100,000, then suddenly stopped rising, and now it has fallen back to around $98,000.

In response, Santiment said that although everyone is speculating that Bitcoin will reach $110,000, history tells us that Bitcoin often breaks through this major barrier again when people least expect it.

Let's take a look at the recent market situation. About a week ago, the price of Bitcoin plummeted from more than $108,000 to $92,000, so many investors began to sell a large number of Bitcoins. Data shows that on December 23 alone, more than $7 billion of Bitcoin was sold for profit.

Technical analyst Ali Martinez mentioned that $97,300 is an important support level for Bitcoin because many investors bought about 1.5 million Bitcoins at this price. He pointed out that there are currently 1.51 million wallets with nearly $150 billion invested, which also turned this price into a key support level.

He also said that when new investors see their investment losses, they usually start panic selling, which is why it is so important for Bitcoin to stay above $97,300.

🗣 Conclusion:

Although the market is optimistic about the future of Bitcoin, we should be aware of the uncertainty in the market. For Bitcoin to reach the milestone of $110,000, it may require the joint promotion of market sentiment, fundamental factors and the macroeconomic environment.

As investors, we should remain cautious and sensitive to market dynamics in order to make wise investment decisions in a volatile market.

💬Do you agree with the analysts? How long do you think it will take for Bitcoin to break through the $110,000 mark?Or do you have any other opinions? See you in the comments section!

#比特币 #市场分析 #投资趋势

I once missed the opportunity of 10,000 BNB, which is a lesson I will never forget. On June 25, Binance's ICO was in full swing, and I successfully grabbed 10,000 BNB. However, due to poor market conditions, I sold them a month later for 0.46 BTC. Fate is always full of drama.

Today's market is equally full of opportunities. Bitcoin has closed positively for four consecutive days on the daily candlestick chart, and the current price remains above the upper Bollinger band, showing strong upward momentum. This morning, Bitcoin rose from 103,600 to 107,500, capturing a bullish profit of 3,900 points. Ethereum also rose from 3,935 to 4,100, securing a profit of 170 points. We are not afraid of heights, nor are we guessing the top, we continue to be bullish!

According to the latest market dynamics, I have fully invested in BTC, with the current price at 96,676.8. Target price levels are 106,500, 107,500, and 108,500. The target price levels for Ethereum are 4,000, 4,100, and 4,200. 2807174857077346975435

73823618681 93023265359

If you are also optimistic about the market, remember to like, follow, and share!

ALT is listed on#Binanceand has increased by 5200%, reaching as high as $0.33!

Tracking the addresses on the chain, here are some findings

The total amount of $ALT is 10B, and the circulating supply is 1.1B

1/The top ten currency holding addresses hold a total of 9,915,694,531 $ALT , accounting for 99.15% of the total!

2/Addresses tagged#Binancehold a total of 277,842,597 $ALT , accounting for 25.2% of the circulating supply. Binance may become the largest banker in $ALT !

3/The 13th currency holding address is the largest airdrop address and has not been transferred yet!

4/sungjae.eth is an airdrop hunter who received 421,187 $ALT airdrops! Deposited 20k $ALT into#Binance2 hours ago!

If you are interested in airdrops, you can use them as tracking objects!
#ALT#Binance #市场分析

#币安7周年 #BTC下跌分析 #市场分析
Recent data shows that from July 3 to date, more than 70,000 bitcoins have flowed out of exchanges, worth about $4 billion.

It is worth noting that in the context of the German government's continued selling and the market in panic, there are still large funds quietly increasing their holdings.

This phenomenon may mean several things:

The price of Bitcoin may have bottomed out, and large institutional investors are seizing the opportunity to expand their holdings, expecting a rebound in the future.

These large investors may remain confident in the long-term value of Bitcoin and are taking the opportunity to increase their investments.

Even in a market downturn, there are still funds looking for value investment opportunities and looking forward to the long-term development of Bitcoin.

The quiet increase in holdings by large funds may indicate that the market is looking for signs of bottoming out. However, we still need to pay close attention to future market trends and policy changes to better judge the medium- and long-term direction of Bitcoin. $BTC

Detailed explanation of July non-farm payrolls, must read!!!
Today's non-farm payrolls report surprised the market. Only 114,000 new jobs were created in July, the lowest record in three and a half years, and the unemployment rate rose to 4.3%, a three-year high, triggering the Sam's Rule recession indicator. Panic spread, and traders began to bet on a 50 basis point rate cut in September, and the rate cut is expected to exceed 110 basis points this year.

In terms of specific data, non-farm payrolls increased by 114,000 in July, far below the expected 175,000. The unemployment rate rose from 4.1% last month to 4.3%. Wage growth slowed, with hourly wages rising by 0.2% month-on-month and 3.6% year-on-year, both lower than expected.

After the data was released, U.S. stock futures fell sharply in the short term, with Nasdaq futures falling by more than 2%, S&P 500 futures falling by 1.6%, and Dow futures falling by 1.2%. The yield on the 10-year U.S. Treasury bond fell by 19 basis points to 3.79% at one point, and the U.S. dollar index also fell.

Despite the strong performance of the labor market in the past two years, it now seems that the Fed is more likely to cut interest rates in September to prevent the labor market from slowing further. Clark Bellin, chief investment officer of Bellwether Wealth, said that the Fed must cut interest rates in September to prevent the labor market from slowing further.

The rise in unemployment has triggered the Sam rule, an indicator that has predicted recessions with 100% accuracy since 1970. But some analysts believe that this does not necessarily mean that the economy has entered a recession, but is just an early warning sign that the economy will weaken further.

In terms of employment structure, employment in healthcare, construction, transportation and warehousing continued to increase in July, but the information industry lost 20,000 jobs. Government employment growth slowed down, and other major industries did not change much.

#就业数据 #经济衰退 #市场分析 #美联储何时降息？ #降息预测

🚀 Bitcoin's road to a new high is blocked, and analysts tell you the reasons behind it!

🧐 Recently, the price of Bitcoin has been hovering between $55,000 and $65,000, and it seems a bit difficult to break through the $70,000 mark. So, analysts from IntoTheBlock gave some interesting insights!

📉 Why is it difficult for the price to break through? The reason is that many Bitcoin traders bought BTC in the price range of $61,700 to $70,500, but now the price is around $56,500, which means they are all losing money. So, if the price rises back to this range, there may be a lot of people who want to sell quickly to reduce losses or at least break even.

🔄 Therefore, analysts from IntoTheBlock said that whenever a large number of traders lose money, the price of Bitcoin will face selling pressure when it approaches their purchase level, which is why Bitcoin has difficulty breaking through this price range!

📊 What does historical data say? Historically, September is usually not a good month for Bitcoin. Bitcoin has fallen in September in six of the past seven years, with an average drop of 4.5%. Moreover, September this year did not start well, with the price falling from $60,000 to $55,000.

🌐 At the same time, analysts also mentioned some other factors that may affect the price of Bitcoin, such as market consolidation after Bitcoin halving, uncertainty in the US election, large amounts of Bitcoin held by the government, and the upcoming asset distribution to Mt. Gox creditors.

🐋 Despite the challenges, Bitcoin's on-chain data shows positive signs. The number of wallets holding more than 100 BTC has reached a 17-month high, which means that large investors are buying on dips and may be preparing for a rebound at the end of the year.

💬 What do you think about the current market conditions and future trends of Bitcoin? Do you think Bitcoin can break through the current resistance and set new highs after the interest rate cut in September? Leave your insights in the comment section!

#比特币 #市场分析 #加密货币趋势 #IntoTheBlock

Recently, liquidity has been declining, trading volume has sharply decreased, and there is an extreme lack of active capital. Except for #Meme幣 , other sectors are very disgusting. However, playing with #meme will involve greater risks, and the chances of making money are extremely low. Will things really get better after the election? I don't know. I only know that mainstream cryptocurrencies like $BTC and $ETH are facing the challenge of drying up liquidity. The wealth creation effect in the entire market is increasingly diminishing. This place used to be full of opportunities for a comeback, but now it is developing into a casino. It has been four or five days without any operations. I hope the market makers can pump the market to help me regain some confidence. #币圈新机遇 #区块链 #市场分析

#比特币 #市场分析 #投资策略 #市场动态
Bitcoin Price Trend Analysis: Critical Support Level Faces Threat

The recent price action of Bitcoin has made investors nervous. Despite the recent gains in Bitcoin, the break below $65,000 still highlights a critical threshold. According to the weekly chart, Bitcoin is oscillating around $64,000, which is a potential risk area. As the price of Bitcoin hovers below the key level, a downward trend may occur.

Bitcoin loses support and faces potential downside. Bitcoin has lost the intermediate support level of $66,500, and the support level of $64,000 is under significant threat. If Bitcoin wants to regain its upward momentum, it is crucial to regain $66,500, and then it is crucial to target the top of the range at $73,000.
Currently, Bitcoin is showing indecision and may be in a downward trend, with $64,000 being a key support level. A break above this level could send Bitcoin towards the bottom of the $60,000 range.

The current Bitcoin market situation is complex, with key support level threats and historical market dynamics particularly prominent. While short-term trends appear uncertain, we should remain patient and focus on fundamentals rather than short-term price fluctuations.
Personal opinions, for reference only, follow Sanzang, and share real-time work. $BTC

BTC market morning news!
🌅 In the morning, the BTC market was in turmoil! Bitcoin started with continuous shocks, catching leveraged players off guard and evacuating for safety. Then, SOS released a large volume like a beast out of a cage, instantly breaking through the 64,000 defense line, and the market atmosphere was instantly tense! 💥
🔍 At this moment, under the attention of all, 64,000 has become a key touchstone. If it is as solid as a rock, Bitcoin will not be afraid of challenges and will go straight to the "bat shape" highland of 67,000, where there are tempting opportunities and unknown challenges! 🌟
⚠️ But the market is like a battlefield, changing rapidly. If 64,000 is lost and the downward channel is restarted, coin friends must be vigilant and quickly build a defense line. The "shock-for-fall" strategy of institutional traders not only clears leverage but also avoids air force, and its ruthless means are amazing!
📚 In summary, the BTC market is turbulent, so you need to be cautious when following the trend. Only by being flexible and keeping your positions strictly can you move forward steadily in this vast sea of ​​stars and explore unlimited possibilities! #BTC☀ #比特币政策 #市场分析

As I drive my truck across the vast highways, I always think about how to find the next opportunity in the cryptocurrency market. Today, my eyes are set on $BONK .

The RSI indicator is rising, and the market is about to reach a critical moment. There is a high position around 0.0549, while the 200 moving average on the current H4 chart and the last move's VWAP are both above. Such technical signals have led me to decide to fully invest in $BONK , with a target price aimed higher.

Want to learn more market insights? Follow me, and let's move forward together on this path to wealth! #加密货币 #市场分析

$BONK $BTC $ETH #加密沙皇 #比特币重返10W大关 #币安将上市ACX、ORCA

Dr. Frog Daily Analysis 🐸📈
Today's analysis:
The ecosystem of Bitcoin has taken the lead, and Bitcoin has also started to rise in a short-term bulldozer mode, and the market has gradually warmed up. This round is still temporarily led by Bitcoin, and there will be a big market for Ethereum later. Ethereum is now in the stage of repairing a big positive line that was pulled up before, but it has also come to an end. As long as the daily line of today and the weekly line of this week stand firm at $71,500, it means that the big cycle has effectively stood firm and broken through. This round of small market at the daily level can first see $78,000-$80,000. The difficult times have been endured, and the bull market mid-term pull-up is about to begin! Large positions must be held patiently in the long term, and others follow the short-term operation!
Key points:
Bitcoin ($BTC ): resistance level $71,500, support level $67,500 Ethereum ($ETH ): short-term repair phase, expected to usher in a big market in the future
#加密货币 #市场分析 #青蛙博士 #ETH🔥🔥🔥🔥

📈 2024.5.19 Outstanding Altcoins of the Week: Dr. Frog's Latest Analysis 🐸🔮
This week, several altcoins performed well, surpassing the gains of Bitcoin and Ethereum. Here are some of the best performing altcoins and their analysis:
$PEPE:
Due to the return of meme culture, $PEPE has performed strongly this week and investors are enthusiastic, testing all-time highs (Cryptonews).
$NEAR (Near Protocol):
$NEAR rose 23.5% this week and is currently priced at $7.05. Although it is still some distance away from the all-time high of $20.42, its gradual upward trend is obvious (CoinGape).
$FLOKI:
$FLOKI's price rose 23.23% this week. Although it is down 30% from its high in March, it is still one of the best performing altcoins this week. The coin benefits from meme culture and the influence of Elon Musk (CoinGape)​​ (CoinGape).
$HBAR (Hedera Hashgraph):
$HBAR has risen 31.35% this week, breaking out of the previous bear trap and currently trading at $0.107. Although it has fallen back from its highs, it is still performing well​ (CryptoPotato)​.
$RNDR (Render):
$RNDR continues to climb, up 31% in the past 30 days. As a decentralized GPU rendering platform, $RNDR has made significant progress in providing GPU computing power, and the market has responded positively​ (Cryptonews)​.
$BONK:
$BONK rose 137% this week to a new all-time high of $0.00004704. Despite a decline in trading volume, its strong price performance is worth paying attention to​ (CoinGape)​.
Summary:
Most of the altcoins that performed well this week were driven by meme culture, technological progress, and community support. Investors should pay attention to the subsequent development of these currencies and operate with caution to cope with market fluctuations.
#加密货币 #市场分析 #山寨币热点 #青蛙博士 🐸🔮

Hey, friends! The recent market is really confusing. The bull market has been going on for three months, and everyone is still talking about those old coins, such as XRP, ADA, and LTC. UNI, CRV, ENA, USUAL, and DYDX in the DEFI sector are also being discussed crazily. What about the AI ​​sector? Although most retail investors' money is here, few people mention WLD, IO, FET, and RENDER. L2, modular chains, and game tokens are even less popular.

So, what stage is the market in? From the logic of the big bull market, does the sector rotation come to DEFI? These coins are too old, and even newcomers don't look at them. To what extent does it have to rise to attract the attention of leeks and let them start to take over?

As a community, we have our own investment research team, strong on-chain data analysis capabilities, master the capital trends of large investors, track the position building trends of Wall Street institutions, and escort everyone's transactions. In this round of rise, we led fans to layout projects such as SAGA, ETHFI, SOL, BNB, TIA, BOME, and WLD, all of which have made profits.

Next Monday, we will lead fans to layout explosive potential coins, and it is not difficult to double. The same news, the same layout, the same opportunity, the team is prioritized.

I have bought $SOL , $BNB , and $WLD in full positions. It is not a dream to double the target price! #投资策略 #市场分析

Don't forget to like, follow, and forward, so that more people can join our team! #PENGU开盘 #美联储放鹰 #市场调整後的机会？

📊Ethereum Gas Fees Hit a New Low, Analysts Are Bullish on ETH's Prospects! 🚀

📉Ethereum's Gas Fees Recently Dropped to a Five-Year Low, Which Could Be Good News for ETH. Analyst Ryan Lee said that historical data shows that low Gas Fees often herald mid-term price bottoms. And when this moment coincides with a rate cut cycle, the market's wealth effect may be evident.

🔍He said that the drop in Gas Fees could be related to users turning to more efficient, low-cost blockchains such as Solana and Layer 2. At the same time, Ethereum's Dencun upgrade also played an important role in reducing fees by improving network efficiency.

📊 In early March, Ethereum's network activity was super hot, with Gas Fees once reaching 83.1 gwei. But with two major updates involved in the Dencun upgrade in mid-March, Gas Fees dropped to 0.6 gwei earlier this week, and fees dropped by more than 95%, which is a dramatic change!

💰Moreover, because of the lower gas fee, the number of ETH destroyed has also decreased, which means that the supply of ETH has begun to rise. In the past week, the total supply of ETH has increased by more than 16,200, which is worth more than $42 million at market prices.

Viewpoint:

🤔The decline in Ethereum gas fees may be a positive sign for ETH. This low fee may indicate a mid-term bottom for ETH prices, especially in the context of the current interest rate cut cycle, which may stimulate the wealth effect of the market. In addition, as the efficiency of the Ethereum network improves and the gas fee decreases, more users and developers may be attracted to return to Ethereum, thereby increasing the demand for ETH.

🌐Even as users and applications migrate to faster and cheaper blockchains such as Solana and Layer 2, Ethereum's Dencun upgrade has demonstrated its ability to adapt to market changes and improve user experience.

📊At the same time, as gas fees decrease, ETH destruction decreases and supply increases, this may have a short-term impact on prices. However, in the long run, if demand continues to grow, ETH prices still have room to rise.

💬Do you think that Ethereum’s Dencun upgrade will have a decisive impact on the market? Will the drop in gas fees really drive up ETH prices? Feel free to share your views in the comments section!

#以太坊 #ETH #Gas费 #市场分析 #加密货币投资

📉 Bitcoin bear market coming? Analysts are cautious about short-term trends!

🔍The Bitcoin market has been adjusting for six months, with an adjustment of about 23%. Although this drop is not too large from a historical perspective, analysts are becoming more pessimistic as the downward trend continues.

🤔 Trader Crypto Louca predicted on social media X that the price of Bitcoin may continue to fall and may fall to between $36,000 and $46,000 this year.

🐻 Analyst IncomeSharks also studied the market situation this year. They said that if the price of Bitcoin cannot stabilize in September, it may be time to abandon the current price structure. If the price falls below $50,000 again, it may rise in October; if not, a new forecast is needed. At present, the probability of the price hitting the top and bottom channels is roughly equal.

📊 Julio Moreno, head of research at CryptoQuant, believes that the decline in Bitcoin prices is only because demand has not grown. He said that all valuation indicators are in the bearish zone, and although there is usually positive growth in the fourth quarter, it also depends on the overall economy and the state of the Bitcoin market.

📈 Analyst and chart expert Peter Brandt analyzed the chart and believed that Bitcoin's chart pattern is an "inverted expanding triangle" or "megaphone". He predicted that testing the lower limit of this pattern could cause the price to fall to about $46,000.

🚀 Analyst "Rekt Capital" also observed that Bitcoin needs to rebound as soon as possible before the new weekly close to avoid further declines. Currently, the price of Bitcoin is hovering around $56,000, and market sentiment remains weak. $BTC
💬 Whose opinion do you agree with, and what do you think about the short-term trend of Bitcoin? Do you think the market will rebound or continue to fall? Leave your opinion in the comment area!

#比特币 #市场分析 #熊市 #价格预测

🌟Discussion on the relationship between the U.S. dollar index and Bitcoin trends🌟

Let’s focus on the U.S. Dollar Index (DXY), an indicator that essentially reflects the strength of the U.S. dollar relative to five other major currencies. Next, we want to analyze the trend relationship between DXY and Bitcoin price.

Historically, we have observed a significant phenomenon: when DXY rises, Bitcoin often performs poorly, usually either sideways or in a downward trend.

Taking 2020 as an example, before the last bull market started, DXY quickly fell back to around 90 after reaching a high of 102. However, during this time period, Bitcoin ushered in a strong rise. This can be verified from several arrow marks in the screenshot provided below.

This pattern shows that during periods of rising DXY, the Bitcoin price side tends to fall and vice versa. Therefore, some people believe that DXY can be regarded as a reverse indicator of Bitcoin.

🔍 But recently, things are a little different. Bitcoin has soared from US$24,000 to US$74,000, while DXY has made little movement and is still fluctuating sideways between 100 and 107. Looking back at the end of 2022, DXY is also 105, and Bitcoin is only about $16,000. What now? DXY is also 105, and Bitcoin has reached $60,000! Therefore, this change is definitely a positive sign for Bitcoin’s long-term trend.

💸 As the Federal Reserve may cut interest rates in the second half of this year, if the DXY trend falls as predicted, Bitcoin may usher in a strong rise. Although the impact of DXY on Bitcoin is a long-term trend, judging from the current situation, the trend of Bitcoin is still quite stable.

At the same time, facing the fact that Bitcoin is currently at around 60,000, there is still a support level of 60,000, coupled with the strong support in the 58,000-60,000 range, and the support of the last Bitcoin low of more than 56,000, investment Investors should not panic at the current position.

Finally, when it comes to investing, everyone must always maintain a calm mind and make investment analysis and judgments based on data and past historical trends. This will definitely allow you to develop a good investment strategy in the investment market. and habits.

#美元指数 #比特币走势 #市场分析 #投资策略 #美联储降息