The decline is inevitable, but it will not be that exaggerated. There are two core reasons for this round of correction:
1. GBTC sells coins;
2. The main force took advantage of this news to wash the market.
Roughly predict the future trend:
1. BTC will enter a downward channel in the next few months, and the early expected benefits will gradually be profit-taking;
2. It is impossible for traditional capital to come in and support everyone at this price. Without a wave of cheap chips, they will definitely not enter the market rashly;
3. It is not clear how far BTC will fall in this wave. It should not be a big problem if it is below 38,000;
4. The flatbread will sit on the bottom for several months;
5. The market will pick up in the second half of this year and then start a bull market journey!
6. This bull market, combined with the BTC halving, traditional funds entering the market one after another, and interest rate cuts in the United States and other countries, is expected to last until the end of 2025 and the beginning of 2026;
7. After this unprecedented bull market, it will be difficult for cryptocurrency to give birth to the myth of getting rich. The market fluctuations will become smaller and smaller. It will no longer be a paradise for those who dream of getting rich, but it will become a blessed place for entrepreneurs, opening up Web3 world. #BTC #ARB #ALT #Manta #热门话题