比特幣（BTC）正處於關鍵時刻，多頭和空頭競相決定下一步方向

在比特幣 (BTC) 創下 10 萬美元以上的歷史新高後，市場的主導觀點之一是資產有進一步上漲的潛力

After hitting a record high of over $100,000,ксперts are debating whether Bitcoin (BTC) will continue to rise or experience a downturn before attempting another all-time high.

在創下超過 10 萬美元的歷史新高後，比特幣 (BTC) 是否會繼續上漲或經歷低迷，然後再嘗試創下新的歷史新高，人們正在爭論。

Legendary trading expert Peter Brandt has suggested that Bitcoin may experience one final “dump” or an extended period of consolidation before its next significant move upward.

傳奇交易專家彼得·布蘭特（Peter Brandt）表示，比特幣在下一次大幅上漲之前可能會經歷一次最後的「暴跌」或長時間的盤整。

In an X post on January 12, Brandt used data to illustrate phases of Bitcoin's recent price history, which he labeled as “pump,” “hump,” and “dump.” A “pump” is a period of rapid upward momentum, like Bitcoin's rise from $70,000 to above $100,000 in late 2024, driven by strong buying and bullish sentiment amid the general post-election optimism.

在 1 月 12 日的 X 貼文中，布蘭特使用數據來說明比特幣近期價格歷史的各個階段，他將其標記為「暴漲」、「駝峰」和「暴跌」。 「泵」是指快速上漲勢頭的時期，例如在選舉後普遍樂觀情緒中強勁買盤和看漲情緒的推動下，比特幣在 2024 年末從 70,000 美元上漲至 100,000 美元以上。

A “hump” follows as the rally slows and encounters resistance, like Bitcoin's December plateau that culminated in the current consolidation around the $95,000 mark.

當漲勢放緩並遇到阻力時，就會出現“駝峰”，就像比特幣 12 月的平台期一樣，最終在 95,000 美元大關附近盤整。

Lastly, a “dump” represents a downward correction due to possible profit-taking or fading momentum, with another potential dip to $73,018 if key support fails.

最後，「拋售」代表由於可能的獲利了結或勢頭減弱而出現的向下修正，如果關鍵支撐失敗，則可能再次下跌至 73,018 美元。

According to Brandt, markets typically don’t sour until retail traders grow fatigued, which often precedes major price movements in cryptocurrency.

根據布蘭特的說法，市場通常不會惡化，直到零售交易者變得疲倦，這通常發生在加密貨幣價格大幅波動之前。

“The big question in my mind is whether Bitcoin will get one more dump (or more lengthy congestive chop) before the pump. Remember, markets generally do not sour until retail traders get worn out,” Brandt said.

「我心中最大的問題是，比特幣在上漲之前是否會再遭受一次拋售（或更長時間的充血性打擊）。請記住，在散戶交易者精疲力盡之前，市場通常不會惡化，」布蘭特說。

Another prominent cryptocurrency analyst, Ali Martinez, shared a similar outlook in an X post on January 11, projecting that Bitcoin could either surge to as high as $140,000 or face a pullback to $67,000.

另一位著名的加密貨幣分析師阿里馬丁內斯 (Ali Martinez) 在 1 月 11 日的 X 帖子中分享了類似的前景，預計比特幣可能飆升至 140,000 美元，或者面臨回調至 67,000 美元。

These projections are based on two key patterns observed on the 12-hour BTC chart: a bull pennant and a head-and-shoulders formation. The bull pennant, characterized by an initial price rally followed by consolidation with converging trendlines, signals a bullish continuation.

這些預測是基於 12 小時 BTC 圖表上觀察到的兩種關鍵模式：牛旗形和頭肩形。牛市三角旗的特徵是最初的價格上漲，隨後是趨勢線收斂的盤整，標誌著看漲的持續。

On the other hand, the head-and-shoulders pattern, featuring a central peak (head) flanked by two lower highs (shoulders), points to a possible bearish reversal.

另一方面，頭肩形態的特徵是中央峰值（頭部），兩側是兩個較低的高點（肩部），表明可能出現看跌逆轉。

As Bitcoin consolidates around the $95,000 mark, it appears to be at a critical juncture in determining its next price trajectory.

隨著比特幣在 95,000 美元大關附近盤整，它似乎正處於決定其下一個價格軌蹟的關鍵時刻。

Some analysts, like Ali Martinez, anticipate the asset doubling in 2025, thanks to optimism stemming from the election of Donald Trump, who plans to make the United States a cryptocurrency investment hub.

阿里·馬丁內斯(Ali Martinez) 等一些分析師預計，由於唐納德·特朗普(Donald Trump) 當選而帶來的樂觀情緒，資產將在2025 年翻一番，他計劃使美國成為加密貨幣投資中心。

For instance, banking giant Standard Chartered predicts Bitcoin will hit $200,000, mainly driven by institutional investors.

例如，銀行業巨頭渣打銀行預測，主要由機構投資者推動，比特幣將達到 20 萬美元。

Additionally, as reported by Finbold, analyst Gert van Lagen predicted that Bitcoin could reach an ambitious target of $300,000 by March 30, 2025, based on the Elliott Wave Theory, which identifies repetitive market cycles.

此外，根據 Finbold 報導，分析師 Gert van Lagen 預測，根據艾略特波浪理論（識別重複的市場週期），比特幣可能會在 2025 年 3 月 30 日之前達到 30 萬美元的雄心勃勃的目標。

Meanwhile, as Bitcoin continues to trade below the $100,000 mark, some analysts, like Alan Santana, express concerns that if it fails to close above this level, the asset could be headed for a steep drop, with some predicting a potential slide to as low as $40,000.

同時，隨著比特幣繼續跌破10 萬美元大關，艾倫桑塔納(Alan Santana) 等一些分析師表示擔心，如果收盤價未能突破這一水平，該資產可能會大幅下跌，一些人預測可能會跌至最低水平。

Overall, if Trump supports the crypto space, as highlighted during his campaign, then Bitcoin will likely see further surges, driven by the excitement surrounding a possible clear regulatory framework that could attract institutional investors.

總體而言，如果川普支持加密貨幣領域，正如他在競選期間所強調的那樣，那麼比特幣可能會進一步飆升，因為可能會出現一個可能吸引機構投資者的明確監管框架。

There is also a continued push to have mega-companies convert their cash reserves into Bitcoin to hedge against inflation. For example, with Microsoft (NASDAQ: MSFT) shareholders rejecting this idea, attention has turned to social media giant Meta (NASDAQ: META).

人們也繼續推動大型公司將其現金儲備轉換為比特幣，以對沖通貨膨脹。例如，隨著微軟（納斯達克股票代碼：MSFT）股東拒絕這一想法，人們的注意力轉向了社群媒體巨頭 Meta（NASDAQ：META）。

Specifically, a shareholder has proposed that Facebook's parent company convert part of its $72 billion cash reserve into Bitcoin. If approved, this move could position Meta as one of the leading traditional companies to hold Bitcoin, potentially catalyzing price growth.

具體來說，一位股東提議 Facebook 母公司將其 720 億美元現金儲備的一部分轉換為比特幣。如果獲得批准，此舉可能會使 Meta 成為持有比特幣的領先傳統公司之一，並有可能促進價格上漲。

At the time of reporting, Bitcoin showed continued consolidation around the $94,000 mark, with a valuation of $94,900. Over the past 24 hours, the asset has made modest gains of almost 0.5%, while on a weekly timeframe, BTC is down about 1.5%.

截至本報告發佈時，比特幣在 94,000 美元大關附近持續盤整，估值為 94,900 美元。在過去 24 小時內，該資產小幅上漲了近 0.5%，而在每週時間範圍內，BTC 下跌了約 1.5%。