According to Bloomberg, Bitcoin has set a record for the longest losing streak since Trump won the US election. As of Monday, Bitcoin has lost about 6% for three consecutive days. Since the November 5th election day, the total market capitalization of the cryptocurrency market has increased by 1 trillion US dollars, but the growth is currently stagnant. IG Australia analyst Tony Sycamore believes that the pullback is mainly to eliminate overbought conditions, not a trend reversal.
Independent Reserve CEO Adrian Przelozny said that the current bull market sentiment is expected to continue until 2025. TD Cowen analyst Jaret Seiberg pointed out that after Trump takes office, he will gain control of the US SEC, which will help ease cryptocurrency regulations.
Analyst: Bitcoin's pullback is mainly to eliminate overbought conditions, not a trend reversal
2024-11-26 02:33:09
Bloomberg Reports Bitcoin Set a Record Since Trump Pu Win US Electiondesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
分析师：比特币此次回调主要是为消除超买状态，并非趋势反转Next article：
Hut 8 CEO：当前资产负债表比特币持仓量为9100枚
