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In the coming weeks, Bitcoin may further decline

After experiencing ETF and halving this year, Bitcoin has been on an upward trend for several months, even reaching an all-time high this month. However, after a 8% drop last week, it has been fluctuating below $100,000 in recent days, and Bitcoin may further decline in the coming weeks.

The Federal Reserve finds itself in a dilemma. Despite three consecutive rate cuts since September, the financial environment continues to tighten. Meanwhile, according to U.S. inflation indicators, real-time consumer price inflation has accelerated to new highs in recent months. Therefore, in the coming weeks, we are likely to see some unpleasant situations, but considering that Bitcoin is expected to trend upward afterward, this may be a buying opportunity.

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