Hello everyone, this is Pippi. Let's talk about our Bitcoin (BTC) this timeLatest news from Bitcoin (BTC):From the picture, we can see if the green numbers of Bitcoin (BTC) are a bit "Aunt Laughing"
Hello everyone, this is Pippi. Let's talk about our Bitcoin (BTC) this time
Latest news from Bitcoin (BTC):
From the picture, we can see if the green numbers of Bitcoin (BTC) are a bit "Aunt Laughing". It has increased by+0.18% in 24 hours, with a trading volume of 236700 and a trading volume of 45.385 billion.
Finally, our Bitcoin (BTC) shows some signs of recovery, is it a relief for many people~
But why do you say decoupling? Will it plummet to 20000 yuan? Let's take a look and learn more!
Is it strange that Bitcoin, this mischievous guy, has been fighting against the stock market recently? What the hell is going on here?
Originally, according to data from IntoTheBlock, the 30-day correlation coefficient between Bitcoin and major stock indices such as the Nasdaq 100 and S&P 500 has decreased to -0.3 and -0.5. This means that the trend of Bitcoin and the stock market has become opposite.
But don't worry, the market for Bitcoin may be brewing. According to CoinMarketCap data, as of the time of writing, Bitcoin was $26859.81, which has increased by+0.18% in the past 24 hours. Although there is currently no expected price performance, Bitcoin, which has been fluctuating in a narrow range for a long time, may also make significant moves.
The decline of Bitcoin, like a domino, has impacted the overall cryptocurrency market. Looking at the picture below, at the end of 2019 and the beginning of 2020, Bitcoin was like playing a yo-yo, going up and down in a confusing way. But when it breaks through the resistance, it's like discovering a new continent. Unfortunately, we have seen it break the critical support of $3250 again.
The great god RektCapital predicts that Bitcoin may drop to $20000 and then continue to drop to $15000. He said this as if Bitcoin was getting cold. However, this analyst is an optimist who believes that Bitcoin will reach its peak in 2023, provided that the market first experiences a period of accumulation.
But RektCapital believes that he said, "In the next six months, we may see Bitcoin drop to the lower limit of $20000, and then show a stronger upward trend before halving. We may see such fluctuations before halving." The halving is expected to occur in April 2024.
Alright, that's all for this episode. See you next time!
In the encryption industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can warm up and maintain insight. If you are alone, looking around in a daze, and realizing that there is no one, it is actually difficult to persist in this industry. Thank you for watching~
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
