Let me introduce my best friend. I am a high-quality man.
Una繁星
--
Today, the crypto market plummeted, and I was awakened by the reminder of my mobile phone at 13:00 in the afternoon. In addition to the reminder of the plunge, there was also a call for help from my bestie...
Since last month, my bestie has learned to play contracts and quickly became addicted. She stared at the market in the middle of the night and was in a tense state all day.
In view of the current market, I predict the price trend of BTC here:
The signal line was crossed on January 27, indicating that there may be bullish sentiment in the short term, but the relative strength index was 42.61, showing that the market sentiment is neutral. $BTC
Recent macroeconomic news includes the inflation rate of 2.9% in the United States and the rise in Treasury yields, which makes traditional investments more attractive. However, with the intensification of optimism about cryptocurrencies, especially the upcoming policies to support cryptocurrencies, most investors' confidence in BTC remains strong.
In addition, some negative factors have emerged in the market, such as the net outflow of BTC supply in the past week, which may put pressure on short-term prices.
Future price prediction:
In the short term, BTC may face some adjustments, especially around the release of monetary policy on January 28. In the long term, with the increasing interest of institutional investors and the potential for policy support, the price of BTC is expected to reach the target of $400,000 by the end of 2025.
Best time to buy: Consider increasing holdings when the BTC price falls back to between $95,000 and $100,000 to take advantage of the long-term upside potential. In addition, observe the market's reaction after the release of monetary policy on January 28. If there are positive signals, it can also be used as a reference time to buy.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.