Regarding the pullback of $BTC, should we regard it as a short-term adjustment to prepare for a new rise, or does it already mark a signal of a bull market turning into a bear market?
After an in-depth analysis of the current market situation, I have come to the conclusion that the market has entered a bear market for two months. This judgment is not groundless. From the fact that the Nasdaq has reached a new high, while Bitcoin continues to be sluggish, we can clearly feel the impact of the Fed's strong interest rate hike policy on the digital currency market, especially Bitcoin.
Under the current expectation that the Fed may raise interest rates again in June, the upside space of Bitcoin has been severely compressed. In fact, 73,700 has become the top of Bitcoin for some time. For those investors who hold Bitcoin for a long time, they know that in the early stage of a bear market, any seemingly strong rebound may be the best time to withdraw from the market.
At present, the price of Bitcoin remains at 61,800, which may be a relatively suitable time for investors who want to leave. However, investment decisions still need to be made with caution, and each investor should make judgments based on their actual situation and market trends.
If you feel helpless and confused in trading at the moment, and want to learn more about the relevant knowledge and first-hand cutting-edge information of the cryptocurrency circle, click on the avatar 介绍找到我. Like, forward, and leave a message are welcome
