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Reported by Zhao Yi, Hu Jinhua, a reporter from China Times (www.chinatimes

CryptoQuant analysts pointed out that in order to gradually eliminate the current sluggish sentiment in the BTC market, its price must soar above the actual price of its short-term holders.As of the time of publication, Bitcoin is "trapped" between short-term and long-term realized prices

What is the future of BTC? Professional netizens make predictions.1

Despite a brief consolidation below $28K, Bitcoin prices remain positive.The 50 day and 200 day moving averages have avoided death crossing and restored positive alignment

As optimism in the cryptocurrency sector reignited, the price of Bitcoin soared to $27000, and there was a significant outflow of tokens on the exchange.Bitcoin soared to over $27000, sparking optimism in the cryptocurrency market

Yesterday, there was another market trend with a smaller amplitude but similar to that of a painting door.The recent market performance has shown the following characteristics:1

Bitcoin prices have attempted to rise again above the resistance level of $26500. However, BTC was unable to settle above $26700 and responded to the downward trend

On Friday (September 8th), the price of Bitcoin (BTC) remained stable, and after some fluctuations at the end of August, the market seems to have entered a consolidation state.At present, the Bitcoin market lacks clear directional trends, but there is still a large amount of trading activity

NYDIG stated that due to increasing concerns about economic recession and rising interest rates, BTC's performance in the third quarter was not surprising. But like previous cycles, the potential for halving remains strong

If the economy enters a recession, Bitcoin may collapse, or the Fed's tough stance may lead to a long-term economic downturn, and Bitcoin may fall by more than 46% from its current value.Until the Federal Reserve starts increasing market liquidity to boost the economy, there will be no sustained bull market in Bitcoin

Coin Circle to Dark MomentAs is well known, 2022 is a highly challenging year for the cryptocurrency market. The prices of mainstream digital assets such as Bitcoin and Ethereum have experienced a drop of over 70%, reminiscent of a devastating disaster

Bitcoin rose in September, while many traditional assets suffered significant losses, highlighting the diversified nature of cryptocurrencies. The pressure on the global market seems to be due to rising government bond yields and rising oil prices