#BTC走势

Bitcoin $BTC in the short term is expected to continue to decline during the day on December 20, hitting the bottom at 8 PM.

Almost all altcoins have followed suit and plummeted, while $ZEN went against the trend and rose.

It is said that Federal Reserve Chairman Powell directly nominated Bitcoin and stated that there would be no reserves $BTC , which has an almost black swan-level impact on the market, directly causing altcoins to continue to fall, with some altcoins experiencing sharp drops. This may be the deepest bottom in this round of the bull market, and it is estimated that it will be impossible to return to this needle tip position in the coming months.

From the news perspective, it will be difficult to have any news more explosive than Powell's statements in the next few days before the year ends. Having just hit the bottom, it is unlikely to drop back down again shortly before Christmas 🎄.

Looking solely at the daily chart, it is already in a downward trend. The 20th has hit the bottom, and after the Christmas 🎄 market, it may decline again, possibly dropping to around 90k before New Year's Day, perhaps attempting to test the bottom again to create a double bottom.

Everything is uncertain; the specific market situation for the rest of today will depend on the trend at 8 PM.