BTC may continue to fall next week, targeting $110,000.
Technically, the weekly rally weakens, enters a shock, and the demand is insufficient; The monthly line is under pressure. It may be a bearish signal if the weekly line is swallowed up by the large black line after two consecutive positive days, or if it rises above the previous high and then falls back quickly.
In terms of the market, if the "Big Beauty Act" is implemented, the issuance of US bonds will drain about $486 billion in liquidity (equivalent to about 15% of the total market capitalisation of the global crypto market), which will suppress the price of BTC.
On the whole, BTC may fall to $110,000.
#BNB #加密货币 #btc
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