$BTC
Bitcoin Price Analysis!!!
Let's talk about Bitcoin.
To be honest, Bitcoin has not been doing well lately. Is it realistic to expect it to jump to $150,000 in a month? It's a bit difficult, and it will probably take another 3 to 4 months.
Why? It's because everyone in the crypto market is feeling anxious and hesitant to easily invest in Bitcoin. But I have my own view: once we start making a killing in trading, I think a lot of people will just want to hold onto their spot and won't want to play with the heart-pounding futures anymore.
Why did Bitcoin drop so fast? To put it bluntly, it's those 'big whales' (the big players holding large amounts of Bitcoin) who are pulling the strings. $100,000 is the number everyone is watching; if someone in the 90s had thought Bitcoin could break so many zeros, they would probably have gone crazy with joy.
Now, $90,000 is the bottom line for Bitcoin, and $105,000 is a hurdle. Do you remember? Sometimes a single piece of news can cause Bitcoin to rise by $10,000 in a day, but this time the pullback was quite severe, dropping directly by $15,000. What's going on?
The first reason is that when Bitcoin just broke the $100,000 mark, everyone was extremely excited, thinking it could continue to surge. As a result, it shot up to $104k; the increase was too rapid, so the pullback was naturally a bit harsh. Those big players wanted to stabilize the price, but they couldn't manage it and ended up selling off more aggressively than expected.
The second reason is even more amusing: those 'big whales', like BlackRock, MicroStrategy, and even the government, don’t want a new big player coming in to steal their lunch. If a new big player comes in, buys a lot, stirs the market, and then leaves after making enough profit, they won't be happy about it. So now even big players like Microsoft and Apple are pondering whether to enter the market.
The third reason is that Bitcoin has recently been on an upward trend, just as I mentioned before. Although not many people are buying now and the trading volume isn’t huge, Bitcoin is still standing firm.
#美财政部称BTC“数字黄金” #PEPE市值新高 #SUSHI价格飙升
Stop running around like a headless chicken! If you want to make big money in a bull market, like and comment, and let’s layout the entire bull market together and seize the opportunity!
