Oil spikes are scary! Don't open positions lightly!
BTC has entered a historically low price region, which is a long-term positive, while the DeFi ecosystem continues to innovate. However, in the short term, it faces regulatory pressure from both the US and China: the US legislative window is narrowing, and China is escalating crackdowns on money laundering through virtual currencies. Policy uncertainty is currently the biggest headwind to upside movement.
Oil spikes are scary! Don't open positions lightly!
BTC has entered a historically low price region, which is a long-term positive, while the DeFi ecosystem continues to innovate.
However, in the short term, it faces regulatory pressure from both the US and China: the US legislative window is narrowing, and China is escalating crackdowns on money laundering through virtual currencies. Policy uncertainty is currently the biggest headwind to upside movement.