Khan201
Bitcoin has recently fallen sharply from its autumn peak ( of around 126,000 USD) down to the zone of 85,000–87,000 USD.
• Some analysis suggests that BTC has reached a short-term bottom — a "technical/psychological bottom" has appeared, opening up the possibility of a recovery in the short term.
• However, the macro environment is quite "unpredictable": pressure from the global financial market, widespread "risk-off" sentiment, and poor liquidity — making BTC vulnerable.
• Some analysis suggests that BTC has reached a short-term bottom — a "technical/psychological bottom" has appeared, opening up the possibility of a recovery in the short term.
• However, the macro environment is quite "unpredictable": pressure from the global financial market, widespread "risk-off" sentiment, and poor liquidity — making BTC vulnerable.
BTC-0.93%
