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Yesterday, the high point of the big cake BTC was 28331.42 points, closing at 28153

Yesterday, the high point of the big cake BTC was 28299.15 points, closing at 27179

The leading cryptocurrency, Bitcoin (BTC), has shown weakness in spot exchange rates, falling by approximately 10% in the past trading week.Experts say that as some counterfeit coins outperform traditional tokens, Bitcoin's weakness may continue

In terms of short-term BTC price trends, it is becoming increasingly difficult to find bullish voices.Bitcoin fell below $28000 on May 9th as the market prepared for macroeconomic data release

Yesterday, the high point of the big cake BTC was 27930.21 points, closing at 27400

The article was edited at 08:20 am on March 9, 2022. There was a delay in the publication of the article, and the real-time strategy was the main focusThe Federal Reserve has released a quarterly survey report of senior loan officials, indicating that the difficulties of regional banks, combined with the Fed's aggressive monetary tightening over the past 14 months, have begun to translate into a credit squeeze

Highlights of the storyDue to favorable market conditions for bears, Bitcoin prices fell below $28000 in early trading hours.The market continues to be bearish as external factors have had a profound impact on the rebound and are expected to dominate for a long time in the future

Yesterday, the high point of the big cake BTC was 29029.11 points, closing at 27887

Due to unexpected highs and lows, this week is very important for the cryptocurrency market. The leading cryptocurrency fluctuated at different time points, changing market sentiment

According to the Financial Times, the UK government is attempting to promote the acquisition of Silicon Valley Silver's UK subsidiary to prevent the impact from spreading to the entire technology industry;325 venture capital institutions including Sequoia and 650 founders jointly declare that Silicon Valley Bank cannot fail;Director of the Financial Supervisory Authority of the Russian Federation: Russia's cryptocurrency trading volume is close to $13 billion;Federal Reserve Emergency Plan: Starting from March 13th, depositors can withdraw all cash from banks in Silicon Valley;Federal Reserve: The Treasury Department will provide $25 billion in emergency loan support, and Signature Bank has closed;TetherCTO: Tether has no exposure to SignatureBank;Biden: Will hold responsible for the "chaos" of Silicon Valley banks and strengthen regulatory efforts on large banks;Goldman Sachs: Maintain the expectation that the Federal Reserve will raise interest rates by 25 basis points in May, June, and July unchanged;Founder of Panxing Square Capital: Despite the intervention of the Federal Reserve, more banks may fail;Binance's spot trading volume reached $540 billion in February, setting the highest market share in the platform's history;National Bank of Australia issues stable currency on Ethereum;The Indian law enforcement agency has seized over $115 million in cryptocurrency in money laundering cases;DCG: Santander Bank, HSBC Bank, Deutsche Bank, etc. are still willing to provide services for encryption companies;Huobi: All funds have been withdrawn from SignatureBank and Silvergate Capital;Nomura expects the Federal Reserve to cut interest rates by 25 basis points in March and suspend quantitative tightening;Founder of Citadel: After the Federal Reserve rescued Silicon Valley banks, American capitalism is collapsing before our eyes;Bloomberg: HSBC plans to inject $2

The article was edited at 09:55 am on March 8, 2022. There was a delay in the publication of the article, and the real-time strategy was the main focusLast week, the international market was in turmoil, with the Federal Reserve and the European Central Bank announcing a 25 basis point interest rate hike

As Bitcoin (BTC) turns green this month, investors and traders are speculating whether the bear market has finally come to an end.In this price forecast, we will explore the Bitcoin price forecast and analyze the factors driving the recent positive momentum, evaluating whether this marks the end of the long-term bearish trend