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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When will the next bullish trend start?
What’s your target price for Bitcoin?
Will you bottom spot Bitcoin ETF?
At what price?
Leave your comments and also post to win tiger coins~~~
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隨着比特幣價格飆升，加密股票有望獲利。其中現貨BTC ETF的託管人-$Coinbase Global，Inc。(COIN)$被認爲是更好的選擇。
I guess the target price is USD70000
根据历史数据（尽管过去的表现并不决定未来的表现），可以了解到存在一种趋势...所以历史很可能会重演。
比特币不稳定，所以一定要在限制内交易，不要激进...始终进行风险管理。
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?
Great ariticle, would you like to share it?
Waiting patiently...