比特幣 (BTC) 上週下跌近 7%，目前價格為 91810 美元（BTC/USD），人們擔心為何迄今為止未能突破 10 萬美元

根據市場估計，該代幣現在應該能夠達到六位數。最近徘徊在如此接近這一目標的位置，使其成為一個誘人的目標

Bitcoin (BTC) has dropped by nearly 7% over the last week, as its price now stands at $91,810 (BTC/USD), amid concerns over why it has not been able to cross the $100K mark so far.

比特幣 (BTC) 上週下跌了近 7%，目前價格為 91,810 美元（BTC/美元），因為人們擔心它迄今為止未能突破 10 萬美元大關。

On Monday, the price of the leading token dropped by 1.5%, leaving investors to wonder if the bull run is finally coming to an end. The crypto coin has rushed past its previous milestones and exceeded market expectations over the past few weeks, thanks in part to speculation over Donald Trump’s upcoming policies and new Federal Reserve interest rate cuts.

週一，領先代幣的價格下跌了 1.5%，讓投資者懷疑牛市是否終於結束了。在過去的幾周里，加密貨幣已經超越了之前的里程碑，並超越了市場預期，部分原因是對唐納德·川普即將推出的政策和美聯儲新的降息的猜測。

Bitcoin has seen massive investments from all corners, notably from Bitcoin whales like the commercial investor MicroStrategy, that have pushed Bitcoin to a high of $99,655, although the coin has since fallen from that high point. But what caused the decline, and why is Bitcoin not above $100,000 at this point?

比特幣得到了來自各個角落的大規模投資，尤其是來自像商業投資者MicroStrategy 這樣的比特幣鯨魚的投資，這些投資將比特幣推至99,655 美元的高位，儘管此後比特幣已經從這個高點回落。但是什麼導致了下跌，為什麼比特幣目前還沒有突破 10 萬美元？

No $100K for Bitcoin?

沒有 10 萬美元的比特幣？

According to market estimates, the token should have been able to hit six figures by now, and having hovered so close to that mark recently made it a tantalizing prospect for investors. A significant milestone like that would have raised Bitcoin’s prestige outside the crypto market. However, the failure to hit that mark has seen the coin become the subject of rampant speculation that it cannot cross $100K for now.

根據市場估計，該代幣現在應該能夠達到六位數，並且最近徘徊在如此接近的水平，使其成為投資者誘人的前景。像這樣的一個重要里程碑將提高比特幣在加密貨幣市場之外的聲望。然而，由於未能達到這一目標，該代幣成為了人們普遍猜測目前無法突破 10 萬美元的話題。

Now that Bitcoin has fallen from the high mark, many investors will likely have put in place the option to sell once the coin hits $98K or $99K. According to XTB research director Kathleen Brooks, that could be the case for many major investors at the moment, which could spell trouble for investors who are holding out for $100K.

現在比特幣已經從高點回落，一旦比特幣觸及 9.8 萬或 9.9 萬美元，許多投資者可能會選擇出售。 XTB 研究總監 Kathleen Brooks 表示，目前許多主要投資者都可能面臨這種情況，這可能會給堅持持有 10 萬美元的投資者帶來麻煩。

There is now a stigma attached to Bitcoin that it has trouble passing $100K, whether that stigma is unearned or superstitious, and investors need to be aware of it. The longer Bitcoin spends below the $100K level, the larger that stigma will grow, and it will become harder for the coin to pass the mark, in a self-fulfilling market superstition.

現在，比特幣有一個恥辱，那就是它很難突破 10 萬美元，無論這種恥辱是不勞而獲的還是迷信的，投資者需要意識到這一點。比特幣花費在 10 萬美元以下的時間越長，這種恥辱就會越大，並且在自我實現的市場迷信中，比特幣就越難通過這一標準。

What should push the can past that level, though, is Trump being sworn into office in January. We could also see Bitcoin move past the mark when the next Fed interest cut comes along. These major market-moving events could be enough to overpower the stigma and help Bitcoin achieve what it has not managed so far.

不過，川普將於一月宣誓就職，這應該會推動這一水準突破這一水準。當聯準會下一次降息時，我們也可能會看到比特幣突破大關。這些影響市場的重大事件可能足以消除這種恥辱，並幫助比特幣實現迄今為止尚未實現的目標。