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Market analysis on April 12
Let's look at the current situation. Looking at the on-chain data, there are two major trends
(1) The inflow of BTC into the exchange decreases
(2) In the past week, there has been no large-scale inflow of stablecoins
It shows that this price, whether it is BTC and copycats, is not attractive, but the power of smashing BTC before has been almost digested, and there has recently been a once-in-a-century spectacle, that is, gold and the dollar have risen together, and the dollar and gold have always been negatively correlated, but the tension between Russia VS Ukraine, Iran VS Israel, and North Korea VS South Korea has made gold break through the constraints and rise suddenly.
BTC has strength to support every big fall, it may be this stormy international situation, so that BTC as a risk asset is migrating to the road of digital gold, if this wave of BTC can continue to swoop after the halving, then the impression of the world will be completely reversed, the real hammer BTC as a risk asset to digital gold transformation, this wave of BTC breaking the previous high is a high probability event 80,000 is expected, but the problem is, BTC
Regardless of whether BTC falls sharply or rises sharply, copycats are at risk
BTC challenge before the end of the high + halving, will usher in violent market fluctuations, the recent AKRM and SUSHI project parties have chosen to sell coins frantically, unless there is a wave of plummeting, it is suitable for big buying.