#比特币价格走势分析 $BTC
Whether Bitcoin can break through the support level is a complex question. Its price trend is influenced by multiple factors, including market supply and demand, global economic conditions, policies and regulations, investor sentiment, etc., making it difficult to accurately predict.
The reasons for the recent decline in the 2025 market are:
1. The recent approval by the U.S. Department of Justice to sell Bitcoin seized from the dark web market 'Silk Road' is one of the reasons for the decline.
2. Some institutional investors have sold off large amounts of Bitcoin and other crypto assets, increasing market selling pressure, which further drives down prices.
3. The market leverage ratio is close to historical highs, increasing market vulnerability. Once prices fall, forced liquidations of leveraged trades can exacerbate the downward trend.
4. The continuous appreciation of the U.S. dollar has led to a contraction in global money supply, which is unfavorable for the price performance of cryptocurrencies like Bitcoin.
5. Escalation of regional tensions has increased market uncertainty, leading to heightened risk aversion among investors, putting pressure on risk assets like Bitcoin.
6. Recent U.S. non-farm payroll data fell short of expectations, raising concerns about an economic recession, resulting in a decline in global capital markets, which also affected the cryptocurrency market. On January 12, Blockchain News reported that the recent trend of Bitcoin has raised market concerns, and analysts warned that it might break through support levels and significantly decline. Saxo Bank analyst Kim Kramer Larsson pointed out that if Bitcoin breaks through the support level around $90,690, it could face a larger decline, potentially dropping to $73,000. He believes Bitcoin is forming a 'head and shoulders' pattern, a type of technical analysis chart pattern that signals a reversal from a bullish trend to a bearish trend. This analyst believes that if Bitcoin breaks below the support level around $90,680, this pattern will be confirmed, leading to a price drop.
However, there are also views that Bitcoin still has several key support levels and may experience a bull market recovery in the near future. But it should be noted that the predictive power of technical charts is limited, and the market may still reverse due to external factors.
Investing in Bitcoin carries high risks, and its price is highly volatile. Before making any investments, it is advisable for investors to fully understand the associated risks and make cautious decisions based on their risk tolerance and investment goals.