Drop! Drop! Drop! When will Bitcoin rebound?



Recently, BTC has been continuously declining, causing many investors to feel anxious. From a technical perspective, the MACD indicator remains flat at low levels, trading volume continues to shrink, and selling pressure is gradually depleting, possibly brewing a oversold rebound.

On the news front, regulatory policies in many countries are becoming clearer, Wall Street institutions are continuously entering the cryptocurrency market, and long-term funds are quietly flowing in.

However, short-term market sentiment remains fragile. The Federal Reserve's rate hike expectations fluctuate, which will still cause disturbances to the market. We can patiently wait for trading volume to effectively increase and for the price to stabilize above key support levels before considering entering. The market is never short of opportunities; stay rational and wait patiently for dawn. $BTC
BTC-0,74%
View Original
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
TheManFromQiWorriesvip
· 52m ago
"Major Split in the Pi Community! Youlong predicts Pi Coin will drop below $0.1, supporters say 'It's about time to wake up,' opponents accuse 'deliberately talking down.' Who do you think is right or wrong?"
View OriginalReply0
GateUser-e5e39261vip
· 1h ago
New Year Wealth Explosion 🤑
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)