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Bitcoin Falls Below $110,500, Q4 Price Prediction Is Flawed, Investors Need To Be Cautious-Lijin Finance

Bitcoin Falls Below $110,500, Q4 Price Prediction Is Flawed, Investors Need To Be Cautious

PlanC’s latest analysis points out that the market’s prediction of the correlation between the Bitcoin halving cycle and Q4 price lacks statistical support. Historical data shows that the increase after the halving event is not necessarily related to the quarter. There is a survivor bias in the current hype logic. It is recommended that investors return to fundamental analysis.

After Trump Was Elected, The Cryptocurrency Market Ushered In A Boom, With Bitcoin, Ethereum, Etc. Rising Astonishingly

After Trump won the election, the cryptocurrency market experienced a wave of strong growth. Different from the Biden administration's suppression of crypto assets, Trump frequently expressed his support during the campaign in favor of listing Bitcoin as a U.S. strategic reserve asset and vowed to make the United States a "cryptocurrency capital."

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