Bitcoin Future Trend Prediction
According to an overseas KOL's analysis, he predicts that based on the relationship between the global broad money supply (M2) and Bitcoin prices, Bitcoin may experience a 20%-25% correction in the next 75 days, which means the price could drop to $80,000. However, compared to the correction levels during past bull markets, such a decline is still within a normal range.
It's important to note:
Accuracy of the prediction: Previously, this analyst successfully predicted Bitcoin's rise from $90,000 to $100,000, so his model has some reference value.
Sentiment analysis: The current market has not reached the retail FOMO (fear of missing out) state, indicating that the top of the bull market has not yet arrived.
Even if Bitcoin drops to $80,000 in the short term, it could rebound to $120,000 or even $150,000. A deeper correction means a larger rebound potential, similar to how a jump requires a deeper preparation.