$BTC : Short-term rebound or bull market opening?
This trend this year may really be just a short rebound!
From a fundamental point of view, there are many positive factors that holders have high hopes for. But if you look at the trend chart of Bitcoin, it has been half a year since it fell from more than $73,000.
During this period, Bitcoin's performance has been sluggish, and the highs have been getting lower and lower. During this period, the stock market has continued to rise, the two US presidential candidates have also spoken well of cryptocurrencies, and the Federal Reserve has also cut interest rates. But these positive factors have not been reflected in the price of Bitcoin.
In March, someone told me that the S&P 500 index could exceed 5,700 points, and we would definitely think that Bitcoin could go to $100,000. But the result is completely the opposite. Although the market has reached a new high, cryptocurrencies have been in a bear market since March.
Indeed, Bitcoin has fallen 13% from its peak on March 13, and Ethereum has fallen 34%. On the other hand, the S&P 500 index rose by 11%, and gold rose by 22%.
I have currently locked in a potential dark horse coin that is about to soar, and doubling is just an easy jump! The bigger goal is to carefully select a batch of potential coins that are expected to explode before the end of the year. I will announce the specific big moves later. Click on the avatar to follow me and distribute directly!
