Factors Contributing to the Bitcoin Price Decline

导致比特币价格下跌的因素

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:

在持续的市场波动中，比特币的价格经历了下跌的轨迹。拥有超过一百万粉丝的加密货币专家 Ash Crypto 分享了对影响因素的见解：

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.

地缘政治紧张局势：像比特币这样的加密资产在冲突期间经常面临波动。近期针对俄罗斯的无人机袭击加剧了人们对俄乌战争升级的担忧，导致避险情绪和比特币抛售压力。

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：比特币交易所交易基金 (ETF) 面临大量资金流出，其中单日流出额达到创纪录的 1.27 亿美元。这种资本外流表明机构对比特币的投资兴趣下降。

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.

市场操纵：Ash Crypto 观察到比特币与标准普尔 500 指数和纳斯达克指数等其他流行资产的表现存在差异。这表明潜在的市场操纵行为，试图压制比特币的价格。

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.

机构积累：一些人推测机构可能会以 50,000 美元至 65,000 美元之间的较低价格战略性地积累比特币。比特币供应量的下降可能预示着这个积累阶段。

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.

潜在的价格突破：在此积累期之后，Ash Crypto 预计比特币可能出现价格突破和反弹。他建议这可能会在九月底左右发生。