In the digital currency market, Bitcoin’s (BTC) recent market behavior has diverged significantly from the bullish trend in U.S. stocks. Although Bitcoin is trying to break through the $63,000 price mark, it is still encountering heavy resistance.
According to a report by Bitfinex and the media, the price of Bitcoin once climbed to an all-time high of $73,000 in the first half of 2024, and market sentiment was generally optimistic. However, as the middle of the year approached, this enthusiasm began to cool, and Bitcoin faced multiple unfavorable factors in June, causing the price to fall by nearly 15% from the high point in March.