Deep Tide TechFlow news, on November 26, according to Bloomberg, Bitcoin has set the longest consecutive decline record since Trump won the U.S. election. As of Monday, Bitcoin has dropped about 6% for three consecutive days. Since the election day on November 5, the total market value of the cryptocurrency market has increased by $1 trillion, but the growth momentum is currently stagnant. IG Australia analyst Tony Sycamore believes that this correction is mainly to eliminate the overbought condition and not a trend reversal.
Independent Reserve CEO Adrian Przelozny stated that the current bull market sentiment is expected to last until 2025. TD Cowen analyst Jaret Seiberg pointed out that after Trump takes office, he will gain control over the U.S. SEC, which will be beneficial for relaxing cryptocurrency regulations.
