$BTC
🔔 Bitcoin Update
– The current price is around US $87,800.
– The market condition is reported as "fragile" as Bitcoin has recently touched a seven-month low.
– Experts are analyzing that this is a state of stagnation where the price is hovering between US $85,000 and US $90,000.
– Key Indicator: The Market Value to Real Value (MVRV) ratio has remained low, which is less than previous levels.
– Risks: Government regulation, reduced institutional investment, and liquidity issues could slow down market momentum.
– Possibility: If indicators come out positive — such as a decrease in interest rates, or better regulations for crypto — Bitcoin could regain momentum in the next phase.
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