1. The current BTC bull market faces multiple potential threats, among which BlackRock's questioning of the 21 million supply cap of Bitcoin has attracted attention. 2. Google announced its 105-qubit "Willow" quantum chip, sparking discussions on the potential threat of quantum computing to BTC security. 3. Fed members raised inflation expectations, mainly due to political factors, especially concerns about Trump's possible tariffs. However, inflation models predict that inflation will not be a major problem next year, which may allow the Fed to maintain a dovish stance. 4. BTC bull markets tend to peak when regulatory pressure reaches a critical point. Most regulatory issues seem to have been resolved at present, but the Fed's response to Trump's potential fiscal policy may introduce uncertainty. Some of the views are from Matrix on Target, please refer to the full report for details. Disclaimer: The market is risky and investment should be cautious. This article does not constitute investment advice.

#BTC