From the weekly and monthly charts of Bitcoin, the lower Bollinger Band has been reached. Previously, rebounds and bull runs started from the lower Bollinger Band on the monthly chart. In terms of timing, it has already fallen for 9 months, almost a year, and this round of decline is noticeably faster than before, with a very rapid pace. It is unlikely to experience a bear market lasting more than a year.


On the macroeconomic front, with clearer legislation coming, the US stock market will perform well in the future. The second half of the year is unlikely to see a big AI bubble. Plus, after the ceasefire and inflation recovery, the Federal Reserve may cut interest rates, which is highly probable. Wosh is definitely leaning towards Chuanzi.
There is also a bigger narrative: Bitcoin halving in April 2028.
bitcoin:native
BTC2.20%
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