標題：比特幣（BTC）最新更正提出了有關其牛週期是否處於結束的問題的問題

廣泛遵循的Quant Analyst Planb表示，比特幣（BTC）的最新更正現在提出了有關其牛週期是否處於結局的問題。

Quant analyst PlanB says Bitcoin's latest correction is now raising questions as to whether its bull cycle is on the verge of ending.

Quant Analyst Planb說，比特幣的最新更正現在提出了有關其牛週期是否處於結局的問題。

In a new strategy session, PlanB says that while on-chain data suggests Bitcoin remains in a bull market, a lack of new all-time highs since January may indicate a bear market is starting to form.

Planb在一項新的戰略會議上說，儘管鍊鍊數據表明比特幣仍在牛市中，但自1月份以來，缺乏新的歷史高潮，表明熊市已經開始形成。

"Some questions about the Bitcoin market cycle chart. It is still measuring 'bull market' (red) in on-chain data. But as I explain in today’s video, we are at a crossroads."

“有關比特幣市場週期圖表的一些問題。它仍在衡量鏈接數據中的'牛市'（紅色）。但是，正如我在今天的視頻中所解釋的那樣，我們處於十字路口。”

The analyst says there remains the potential of a V-shaped recovery after Bitcoin's correction that tapped about $78,000 last week.

這位分析師說，在比特幣的校正上週挖掘了約78,000美元之後，V形恢復仍然存在。

"In bull markets, we can have multiple dips that are 20% or even 30% minus. However, it was still an unexpected dip. I expected more all-time highs after January's all-time high and I expected February to be an all-time high as well, above $102,000. So we’re really at the crossroads right now.

“在牛市中，我們可以有多次跌幅為20％甚至30％。但是，這仍然是一個意外的下降。我希望在一月份的歷史最高水平之後，我預計有史以來有史以來的高潮，我預計2月也將成為有史以來的高度，超過102,000美元。因此，我們現在確實在交叉路口。

Either we’ll have a red hot bull market, a continuation of the bull market, or we enter the distribution phase into a bear phase. So what will it be? I don’t know. That’s a big question. Was this the top and is this the start of the bear market, or will we see a V-shape recovery and more bull market action?"

要么我們要有一個紅熱的牛市，牛市的延續，要么我們進入分配階段進入熊階段。那將是什麼？我不知道。這是一個大問題。這是最高的，這是熊市的開始，還是我們會看到V形恢復和更多的牛市行動？”

Based on historical precedence, the analyst says Bitcoin is likely to rally from current prices and print new all-time highs.

根據歷史優先，分析師說，比特幣可能會從當前價格中脫穎而出，並打印出新的歷史最高點。

"Yes, it has been at this crossroads each and every halving cycle. In all cycles the market has chosen bull/FOMO from here, but we have had only four cycles, not really enough to say something statistically sound. Fingers crossed for this fifth cycle."

“是的，它一直處於每個減半週期的十字路口。在所有周期中，市場從這裡選擇了公牛/福莫，但是我們只有四個週期，還不足以說出統計學上的聲音。在這個第五個週期中，手指交叉了。”

Bitcoin is trading for $84,377 at time of writing, down 6.5% in the last 24 hours.

比特幣在寫作時的交易價格為84,377美元，在過去24小時內下跌6.5％。