BTC WILL NOT Bounce Back Too Quickly?
The main reason for the market decline is the large withdrawal of capital from the financial market by investment sharks. Stocks, virtual currencies, and the futures market had a dark second day. In addition to objective economic reasons, the fundamental reason is that after the financial market's growth period, it is time to take profits from investments. Of course, if you pay close attention, large investors have gradually withdrawn their capital and from the past 2-3 months.
So what will happen next? If the money withdrawn from the financial market gradually switches to buying long-term government bonds or real estate, there will inevitably be another decline.
But if the money flow is only short-term investments, sooner or later it will flow back into the financial market.
#BTC☀ can it increase quickly, this is really difficult. To increase quickly, there needs to be a strong wave, there needs to be capital injected into the market and almost the whole market agrees that the market will continue to increase.
But maybe if the big investors have withdrawn most of their capital from the market, they can come back, creating a strong wave. This is also the reason why I think the market will have another price increase. In the short term, it will aim for the old price peak and further, it will create a new price peak.
