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What’s the next step for Bitcoin (Is Bitcoin doomed)?

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What\’s the next step for Bitcoin? In the past few days, Bitcoin has maintained

Whats the next step for Bitcoin (Is Bitcoin doomed)?

What’s the next step for Bitcoin? In the past few days, Bitcoin has maintained a strong upward trend, but recent market adjustments have caused prices to continue to fall. Bitcoin has recently dropped below $9,000, but there doesn’t seem to be a significant fallback from a technical perspective.

Currently, what’s the next step for Bitcoin? According to research by the International Monetary Fund (IMF), since January 2017, the prices of Bitcoin and gold have both fallen by 16% and 17% respectively. At the same time, the yield of the US 10-year Treasury bond has also risen by 11%. This indicates that investors are concerned about inflation risks in the coming months and the potential negative impact on financial markets. In addition, Bitcoin has also gone through a critical milestone: the halving of Bitcoin. (Bitcoinist)

The next step for Bitcoin is to mature. With more and more people participating in mining, Bitcoin may continue to rise to new highs. If this situation occurs again, Bitcoin is likely to further develop. Although it is still unclear how much capital will flow into Bitcoin, it still has great growth potential.

Is Bitcoin doomed?

Is Bitcoin doomed?

After experiencing a significant decline in December last year, the market has once again fallen into a slump. The price of BTC has been plummeting since September, falling below the $10,000 mark, with a nearly 20% drop in 24 hours. ETH has been cut in half below $400, reaching lows of around $140. XRP also dropped to around 0.036 USDT, briefly falling more than 5%, and is now at 0.078 USDT.

All of this raises a question: should we over-interpret this “bubble” if the current market conditions are not favorable? Will the future be like this?

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