Bitcoin: (with channel chart) $Bitcoin (BTC.CC)$ Recent price fluctuations indicate the difficulty it faces in breaking through the $0.1 million mark. Last week, the digital currency briefly surged to $99,800 during Black Friday, but then fell back to $96,000. This failed breakthrough has made the market sentiment even more tense. Many analysts are starting to question the upside potential of bitcoin, believing that under the current circumstances, it may face even greater adjustments in the future.
Recent on-chain data shows that the U.S. government transferred a portion of the bitcoins confiscated in the dark web market 'Silk Road' case to Coinbase Prime in the early hours of today (3rd), with a total of up to 19,800 coins, worth nearly $2 billion. The exposure of this news has sparked various speculations in the market, with investors fearing that these bitcoins will be sold off, further exacerbating the oversupply of the dollar. According to data tracked by blockchain analysis company Arkham Intelligence, an address labeled 'U.S. Government: Silk Road Department of Justice Seized Funds' transferred 19,800 bitcoins to a new wallet in the early hours, then deposited them into Coinbase Prime, a move that undoubtedly intensifies market uncertainty.
Looking at historical data, bitcoin often experiences severe fluctuations when approaching significant psychological barriers. For example, in 2021, bitcoin encountered resistance near $64,000, followed by a sharp pullback, eventually dropping to...

$CTOS (5301.MY)$
wow. is time to buy ?

$YTLPOWR (6742.MY)$ The Malaysian stock market is currently under great downward pressure and is expected to be weak in the short term. Individual investors are advised to be cautious in their operations under the current market uncertainty and wait for the market to confirm support or trend reversal signals before considering adding positions or entering the market