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This morning, Bitcoin failed to reach 64,000. 64,000 may be the recent high point, which will start a small correction. It is expected to pull back to around 60,000. The current situation is particularly similar to last year when Bitcoin was at 20,000. It fluctuated back and forth around 20,000. At that time, it was the same as now. It was a game of funds in the market. Until the approval of the Bitcoin ETF, new funds entered the market and started a big rise. Now the impact of Bitcoin ETF funds has weakened. The interest rate cut and the release of US dollars will become the dominant factors for the subsequent rise of Bitcoin. #REZ

This morning, Bitcoin failed to reach 64,000. 64,000 may be the recent high point, which will start a small correction. It is expected to pull back to around 60,000. The current situation is particularly similar to last year when Bitcoin was at 20,000. It fluctuated back and forth around 20,000. At that time, it was the same as now. It was a game of funds in the market. Until the approval of the Bitcoin ETF, new funds entered the market and started a big rise. Now the impact of Bitcoin ETF funds has weakened. The interest rate cut and the release of US dollars will become the dominant factors for the subsequent rise of Bitcoin. #REZ

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