Factors Contributing to the Bitcoin Price Decline

導致比特幣價格下跌的因素

Amidst ongoing market fluctuations, the price of Bitcoin has experienced a downward trajectory. Cryptocurrency expert Ash Crypto, with over a million followers, has shared insights into the contributing factors:

在持續的市場波動中，比特幣的價格經歷了下跌的軌跡。擁有超過一百萬粉絲的加密貨幣專家 Ash Crypto 分享了對影響因素的見解：

Geopolitical Tensions:
Crypto assets like Bitcoin often face volatility during conflicts. The recent drone attack on Russia has heightened concerns about the escalation of the Russia-Ukraine war, leading to risk aversion and selling pressure on Bitcoin.

地緣政治緊張局勢：像比特幣這樣的加密資產在衝突期間經常面臨波動。近期針對俄羅斯的無人機攻擊加劇了人們對俄烏戰爭升級的擔憂，導致避險情緒和比特幣拋售壓力。

ETF Outflows:
Bitcoin exchange-traded funds (ETFs) have faced significant outflows, including a record $127 million outflow on a single day. This exodus of capital indicates a decrease in institutional investment appetite for Bitcoin.

ETF 流出：比特幣交易所交易基金 (ETF) 面臨大量資金流出，其中單日流出額達到創紀錄的 1.27 億美元。這種資本外流顯示機構對比特幣的投資興趣下降。

Market Manipulation:
Ash Crypto observes a discrepancy between the performance of Bitcoin and other popular assets like the S&P 500 and NASDAQ. This suggests potential market manipulation, with efforts to suppress the price of Bitcoin.

市場操縱：Ash Crypto 觀察到比特幣與標準普爾 500 指數和納斯達克指數等其他流行資產的表現有差異。這顯示潛在的市場操縱行為，試圖壓制比特幣的價格。

Institutional Accumulation:
Some speculate that institutions may be strategically accumulating Bitcoin at lower price points between $50,000 and $65,000. The decline in Bitcoin supply could indicate this accumulation phase.

機構累積：有些人推測機構可能會以 50,000 美元至 65,000 美元之間的較低價格策略性地累積比特幣。比特幣供應量的下降可能預示著這個累積階段。

Potential Price Breakout:
Following this accumulation period, Ash Crypto anticipates a possible price breakout and rally for Bitcoin. He suggests that this could occur around the end of September.

潛在的價格突破：在此累積期之後，Ash Crypto 預計比特幣可能會出現價格突破和反彈。他建議這可能會在九月底左右發生。