Bitcoin surges past $81,000, analysts pour cold water!
$BTC is the world's largest and most famous cryptocurrency. It hit the bottom on January 23 this year, hitting the lowest point of this year at US$38,505. It has now doubled and reached an intraday high of US$81,464 on the 11th.
The smaller cryptocurrency
$ETH rose above US$3,200 intraday on the same day and stood at a high in more than three months, closing at US$3,192.
The cryptocurrency industry has invested more than $119 million in political funds supporting U.S. congressional candidates in related industries, hoping for more friendly legislation to promote digital assets. The election results also show that the funds are paying off, and the U.S. Congress may turn to support cryptocurrency in the future.
Matt Simpson, senior market analyst at research firm City Index, said: “With the Republican Party about to bring a red wave to Congress, the cryptocurrency industry seems to be betting on digital currency deregulation, and Bitcoin continues to see the Trump effect. "
However, he believes: "But this looks like blind optimism from the industry, because Trump seems to be focused on deporting immigrants, pardoning and deconstructing Biden-era policies."
On the whole, analysts believe that the reason for the decline is that "it has risen too much". However, when the decline occurred, I did not hear him say that it would rebound from the bottom, so it is just a reference. When the bull market comes, it depends on whether it is supported or not. A trend is not easy to form, but once it is formed, it is not easy to change. Never set a high point in a bull market!
Finally, I would like to share with you a meme coin with huge potential:
#Marvin . The community of
#Marvin7055 people continues to build, and the consensus is very strong! It started from the Little Milk Dog community and has been going on for 9 months. This IP itself has a celebrity effect, and it has recently begun to plan a series of plans that are beneficial to the currency price. With the right time, place and people, it must not be underestimated in this bull market! Welcome to join the community to understand and inspect!
#MARVIN #牛回速归,晒晒你的持仓? #SUI的单边行情 $DOGE