#BTC走勢分析
Bitcoin plummets to a two-month low. Buy the dip or flee?
Bitcoin's decline has not stopped. It plummeted to $57,800 around 10 o'clock earlier, setting a record low price in nearly two months. At the time of writing, it was reported at $58,755, down 4.22% in the past 24 hours. Is the wash-out over? Whether it will fall below the low of $56,555 in May needs further observation
In the past 24 hours, the entire network has liquidated $300 million
Bitcoin continues to fall. According to Coinglass data, in the past 24 hours, the total amount of cryptocurrency liquidations has exceeded $300 million (long positions account for $280 million), and more than 110,000 people have been liquidated.
Standard Chartered Bank: Bitcoin will reach $100,000 on election day
However, although the currency market has not yet rebounded significantly, Geoffrey Kendrick, head of foreign exchange and digital asset research at Standard Chartered Bank, pointed out in a latest report this week that Bitcoin may hit a new record high in August this year (Bitcoin hit a record high of $73,000 in March this year), and then reach $100,000 on the US election day:
With the US election approaching in November, BTC prices are likely to hit a new high in August and then break through $100,000 on US election day.
Kendrick explained that the reason for his prediction depends on whether Biden decides to continue to run: the market interprets this as an increase in the possibility of Trump's election, which will be beneficial to Bitcoin because Trump's victory may bring a more friendly regulatory environment for cryptocurrencies.
During the Biden administration, regulatory agencies such as the US SEC continued to put pressure on the cryptocurrency field, and Trump has repeatedly supported cryptocurrencies in public speeches this year, which has also attracted the attention of people in the cryptocurrency circle. Even the policies of both sides on the Web3 industry have become one of the important issues that may affect the election.
Novogratz also said that although cryptocurrencies are currently opposed by some officials, most American politicians tend to support innovation in cryptocurrencies:
With the exception of a few, most Democrats support innovation and cryptocurrencies, and no matter who wins the election, active cryptocurrency legislation is inevitable.
Want to know more about the first-hand information and in-depth analysis of the cryptocurrency circle? Click on the avatar to follow
, bringing you the latest market analysis and high-quality potential currency recommendations every day
#热门趋势
