Bitcoin may continue to decline next week, aiming directly at the 110 line.
The weekly trend is weakening, entering a period of fluctuation, and the monthly chart is facing pressure.
From a market perspective, once the "Great Beautiful Act" is implemented, the U.S. bond issuance will take away about $486 billion in liquidity, which is roughly 15% of the total market value of the global cryptocurrency market, which will undoubtedly put downward pressure on Bitcoin prices.
