In fact, this decline is not that complicated. I feel that it has risen too much, and it is just a normal correction. However, this time the correction is a bit fierce. There are several reasons for this!
First, the Federal Reserve does not have the authority to purchase reserve Bitcoin. It is just a monetary management agency. The law does not support its purchase at all, and Bitcoin is not a legal currency.
Second, there are so many people in the world who are not interested in Bitcoin. Have you been kneeling for a long time and looking for recognition everywhere? How many years has gold been around, and there are still people who are unwilling to buy it. When everyone enters the Bitcoin market, there will be no more fun in this market.
Third, one of the reasons for this decline should be that the expectation of interest rate cuts in 25 years has been reduced from 4 to 2 times, and this is not the main reason for this decline. More importantly, whether it is the US stock market Nasdaq or Bitcoin, it has risen too much before, and it only fell because it needs to fall. It's that simple.
You have to believe that the bull market will not end so soon. Reverse to pick up people. The Trump family is trapped. Why are you panicking?
90% of the Trump family's funds are heavily invested in Ethereum. They are already trapped. Yesterday, they were still buying coins despite the big drop. Reverse to pick up people and keep steady. If you are trapped, there is also the President of the United States to accompany you. What is there to panic?
This is the most equal experience you will have with the most powerful person in the world in your life. Yesterday, the Trump family dared to cover their positions despite the big drop. The cultivation of leeks is already in place. Why panic? Reverse to pick up people and keep steady. We can win.
Spot users have nothing to worry about. Be prepared for a month of adjustment. There is nothing to say about the long cycle of Bitcoin. It has been rising. I am very optimistic about the market next year.
