To The Moon

The price of Bitcoin once fell below $39,000 yesterday and rebounds to $40,000 today.After this significant drop, retail investors believe that BTC will continue to decline?Asurvey by Deutsche Bank indicates that many retail investors still think Bitcoin will further decrease by the end of this year.More than one-third of respondents believe that by January next year, Bitcoin will drop below $20,000.Some investors say 35000-36000 might be a key level for Bitcoin in Feb.When will the next bullish trend for BTC start?Historical cycles suggest that Bitcoin often experiences rapid growth after halving.BTC halvening occurs every four years.The most recent one occurred on May 11, 2020, and the next one is expected in April 2024.This implies a high probability of Bitcoin's price rebounding in Q2.

A larger-than-expected slowdown in inflation bolstered bets that the Fed would cut interest rates as early as March, but Nike's sharp drop in its full-year outlook weighed on sentiment and the three major U.S. indexes ended the eighth straight week with gains, the first for the S&P since 2017 and the first for the Dow since 2019.The latest data showed the core personal consumption expenditures (PCE) price index fell to 3.2 percent in November, the lowest since April 2021 and below market expectations. In addition, the PCE price index rose 2.6 percent year-on-year in November, below market expectations of 2.8 percent.Meanwhile, U.S. durable goods orders rose 5.4 percent in November, the largest increase since December 2022. Signs that inflation is accelerating and slowing have bolstered