$BTC From a technical perspective, Bitcoin is entering its cyclical "excitement phase", indicating that the market may continue to rise in the next 12 months. In addition, changes in the US regulatory environment, such as the approval of multiple Bitcoin ETFs, have also boosted investor confidence.

Nevertheless, it should be noted that Bitcoin prices are highly volatile and may be affected by global liquidity environments and policy changes. Analysts expect that Bitcoin may face a risk of a pullback in the short term, but the overall trend still points to long-term growth