#比特币价格预测与投资主题 Recently, analysts said that Bitcoin has entered a bear market, mainly due to weak demand🤔 It sounds quite serious, so let me digest this...
Just now I found out that Bitcoin's price fluctuations are not only about technical analysis but also about "demand." According to reports, from 2023 to now, there have been three major waves of demand—spot ETFs, election results, corporate buying—all of which pushed prices higher. But now, these demands have been "exhausted," and there is no new growth😅
The most shocking data is: US spot Bitcoin ETFs actually started selling in Q4, reducing 24,000 BTC! This reversal was so quick. Also, the growth of addresses holding large amounts of Bitcoin has slowed down, a situation that also appeared at the end of 2021 and before the 2022 bear market...
The price has also fallen below the 365-day moving average, which is said to be a key dividing line between bull and bear markets in history. So, is this really the start of a bear market? Or is it just a short-term correction?🤷♀️
As a newbie, I’m a bit confused, but I’m also thinking about whether to learn more basic knowledge now so that I can seize opportunities when the market recovers. Do experienced traders have any advice?
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#比特币价格预测与投资主题 Recently, analysts said that Bitcoin has entered a bear market, mainly due to weak demand🤔 It sounds quite serious, so let me digest this...
Just now I found out that Bitcoin's price fluctuations are not only about technical analysis but also about "demand." According to reports, from 2023 to now, there have been three major waves of demand—spot ETFs, election results, corporate buying—all of which pushed prices higher. But now, these demands have been "exhausted," and there is no new growth😅
The most shocking data is: US spot Bitcoin ETFs actually started selling in Q4, reducing 24,000 BTC! This reversal was so quick. Also, the growth of addresses holding large amounts of Bitcoin has slowed down, a situation that also appeared at the end of 2021 and before the 2022 bear market...
The price has also fallen below the 365-day moving average, which is said to be a key dividing line between bull and bear markets in history. So, is this really the start of a bear market? Or is it just a short-term correction?🤷♀️
As a newbie, I’m a bit confused, but I’m also thinking about whether to learn more basic knowledge now so that I can seize opportunities when the market recovers. Do experienced traders have any advice?