Recently, Bitcoin has plummeted from a high of $109,000 to $83,000, raising concerns in the market about the end of the bull market.

Technical indicators show that on-chain capital inflow has dried up, with outflows from BlackRock's Bitcoin ETF, coupled with the uncertainty brought about by the Federal Reserve's tightening policies and Trump's tariff policies, further exacerbating bearish sentiment.

Industry insiders predict that Bitcoin may drop to the support level of $63,000 in the next 6-12 months.

Although some investors still have a positive outlook for the short-term support at $75,000, market sentiment has shifted from optimism to panic.

In the long run, Bitcoin's trend will depend on regulatory policies, the macroeconomic environment, and technological developments.

I advise investors to respond cautiously to volatility, diversify risks, and pay attention to market dynamics to formulate reasonable strategies. #AiXBT遭黑客攻击 $BTC