【BTC went through more than 2,000 dollars last night. Why did BTC fall instead of rising despite the frequent positive data? 】
2024.6.14 morning 9:12 BTC market analysis
BTC is first of all a risky asset and digital gold and is positioned by the market. So the simple logic is that inflation is high, and everyone will buy commodities and hold gold and other "scarce and valuable" investment targets to resist inflation! So this is also the reason why gold has repeatedly hit new highs in the past two years!
BTC has risen for six consecutive months in the past six months. With the improvement of inflation data recently, market capital has also needed to be re-allocated. However, this year's BTC spot ETF and the upcoming ETH spot ETF have paved the way for traditional capital. In the next economic cycle, BTC must dance with the market! This is not only the halving of the big cake itself, but also the opportunity to enjoy the dividends of the global capital economic cycle, so the next few years may be the strongest market stage since the birth of BTC!
BTC attention
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BTC is running below the trend line at the moment. If it cannot close above the trend line within a week, don't worry about the pattern!
Wait for the bottom to be reached within the day, don't rush to gamble within the day!
