#观察员   

In the constantly fluctuating and declining Crypto Assets market, the price of BTCBTCUSD may fall to $45,000. Although the BTC price set a new high of $73,750 in March, the current trading price is below $55,000.
Due to the changing BTC Address activity and widespread market decisions, a major adjustment is expected. The BTC Address peaked in November 2023 and then sharply declined in the first quarter of 2024. Short-term holders began reducing the amount of BTC in April, while long-term holders started selling at high prices, indicating that the cycle has reached a peak.
However, the number of active Addresses has dropped to 612000, indicating a decrease in the interaction of hundreds of thousands of participants with Crypto Assets. This significant decline indicates a recent reduction in BTC network activity and attention.
The redemption of a $1 billion BTC ETF is seen as a Bear Market signal. In addition, the weakness of the US economy and the large-scale futures liquidation may cause BTC to fall to $45,000 for other reasons.
According to the weekly chart of BTC/USD, traders saw the price level that initiated this Bear Market in November 2021, just before the arrival of the BTC Bear Market in 2022. At the end of 2021, BTC started to fall and fell to $36,500 after losing the support of $50,000 in January 2022. A similar support level is currently around $50,000. BTC seems likely to retest this level. If this happens, the price of BTC may fall to $48,338 and approach $45,000.
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