Odaily Planet Daily News 🌟 Bitcoin (BTC) has recently fallen to its 50-day moving average, attracting market attention! Although analysts advise caution, BTC's long-term performance remains impressive, having risen 125% since the beginning of the year, far exceeding the returns of traditional investments such as global stocks and gold. Katie Stockton, a technical analyst at Fairlead Strategies LLC, pointed out that BTC is currently in a 'consolidation phase,' with market sentiment returning to a neutral preference. 📈
Meanwhile, the U.S. Bitcoin ETF has attracted over $12 billion in net inflows since Trump's victory, although the pace of subscriptions has slowed recently, with 12 ETFs seeing a net outflow of $680 million on December 19. The broader crypto market is also growing, including Ethereum and Dogecoin. 🚀