Discussion on BTC decline warning📉 after 🎄
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This Christmas, the cryptocurrency market witnessed a special miracle with Bitcoin (BTC); just before the holiday season, $BTC experienced a strong price surge above 100k, surprising and exciting many investors.
Bitcoin, from a price of 94K USD, jumped to 99K USD within a day, creating a huge green candle on the chart. This is a sign of a strong recovery of BTC after a period of adjustment. "Grass" analysts suggest that this price surge could be the result of "whales" (those holding large amounts of BTC) beginning to buy aggressively, along with the optimistic market sentiment during the holiday season.
However, some experts warn that after this surge, BTC may experience a slight adjustment to around 80K USD before continuing its growth cycle. This serves as a reminder for investors to be cautious and not to let emotions dominate their trading decisions!!
Growth continues after Christmas and after a correction: With the strong upward momentum during the Christmas holiday, if market sentiment remains optimistic and global economic factors do not experience significant fluctuations, BTC could continue to reach higher price levels. "Whales" and long-term investors may continue to buy in, pushing the price to 100K USD or more.
