BTC may continue to fall next week, targeting 110000 dollars.



Technically, the weekly upward trend is weakening, entering a period of fluctuation with insufficient demand; the monthly line is facing pressure. After two consecutive weekly bullish candles, if a large bearish candle engulfs them, or if it breaks the previous high after consolidating and quickly falls back, these could all be bearish signals.

In terms of the market, if the "Great Beauty Act" is implemented, the issuance of U.S. bonds will withdraw about $486 billion in liquidity (equivalent to about 15% of the total market value of the global cryptocurrency market), which will suppress the price of BTC.

Overall, BTC may fall to 110,000 USD.
BTC0.18%
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ScarletBulletvip
· 9h ago
The overall direction can only be pump.
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