When Will BTC's Next Bullish Trend Start?
The price of Bitcoin once fell below $39,000 yesterday and rebounds to $40,000 today.
After this significant drop, retail investors believe that BTC will continue to decline?
Asurvey by Deutsche Bank indicates that many retail investors still think Bitcoin will further decrease by the end of this year.
More than one-third of respondents believe that by January next year, Bitcoin will drop below $20,000.
Some investors say 35000-36000 might be a key level for Bitcoin in Feb.
When will the next bullish trend for BTC start?
Historical cycles suggest that Bitcoin often experiences rapid growth after halving.
BTC halvening occurs every four years.
The most recent one occurred on May 11, 2020, and the next one is expected in April 2024.
This implies a high probability of Bitcoin's price rebounding in Q2.
If Bitcoin price hits bottom and rises in April, market trading volume is likely to increase.
Following the surge in Bitcoin's price, crypto stocks are expected to profit. Among them, the custodian of spot BTC ETF - $Coinbase Global, Inc.(COIN)$ is suggested as a better choice.
When will the next bullish trend start?
What’s your target price for Bitcoin?
Will you bottom spot Bitcoin ETF?
At what price?
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下一个牛市趋势何时开始？
你对比特币的目标价是多少？
你会发现比特币ETF的底部吗？
以什么代价？
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随着比特币价格飙升，加密股票有望获利。其中现货BTC ETF的托管人-$Coinbase Global，Inc。(COIN)$被认为是更好的选择。
I guess the target price is USD70000
根據歷史數據（儘管過去的表現並不決定未來的表現），可以瞭解到存在一種趨勢...所以歷史很可能會重演。
比特幣不穩定，所以一定要在限制內交易，不要激進...始終進行風險管理。
Probably mid year 24 till 25, we'll see.
Great ariticle, would you like to share it?
Great ariticle, would you like to share it?
很棒的文章，你愿意分享吗？
Waiting patiently...