Is Bitcoin the ceiling??
Bitcoin has risen significantly. February was the biggest increase with a rise of over 30%.
Now, let's sort out the current situation as we enter March.
First, there's the anomaly.
Compared to monthly anomalies so far for both Bitcoin and Ethereum, counting from above is a faster level of increase. Looking at it positively, this is such a good month, and expectations are growing that 2024 will still be a big market.
Next is sentiment.
We've reached the same level as early January. Since there was a considerable decline in January, it can also be viewed that it will be difficult for it to rise from here on out.
The inflow of Bitcoin ETFs was a 3-day inflow, and BlackRock's IBIT surpassed GBTC's share.
＊＊＊Summary＊＊＊
February was a very strong month. Whether or not it will rise again in March is up to the FOMC, but the market is pretty bullish. The US economy is stable, and the situation looks pretty good, such as relaxation by the Chinese government. I think there will be a big drop in March or April, so I'd like to prepare.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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182759896 : A completely different explanation from the day before
fight japan OP 182759896 : The market price changes. Expectations change along with that.