Blackrock购买了3000万美元的BTC，但比特币价格不受影响；合并背后的5个因素

比特币价格性能是加密货币市场的关键因素，仅其举动就可以决定整个市场的轨迹。自从1月中旬创建ATH以来，BTC代币仍在不断巩固，尽管贝莱德购买新闻。

BlackRock purchased an additional $30 million in Bitcoin (BTC), but the cryptocurrency's price remains largely unaffected. Here's a closer look at what's happening and the possible factors behind BTC's stagnant price action.

贝莱德（Blackrock）额外购买了3,000万美元的比特币（BTC），但加密货币的价格在很大程度上不受影响。仔细研究了发生的事情以及BTC停滞的价格行动背后的可能因素。

BlackRock's recent Bitcoin purchases have been a hot topic in the crypto space. The world's largest asset manager has been snapping up BTC since August 2022, and its latest purchase brings its total Bitcoin holdings to over $2.3 billion.

贝莱德（Blackrock）最近购买的比特币购买一直是加密货币领域的热门话题。自2022年8月以来，全球最大的资产经理一直在抢购BTC，其最新购买的总比特币持有量超过23亿美元。

BlackRock's entry into the crypto market is a significant endorsement of the digital asset class, and its continued purchases could help boost institutional demand for Bitcoin. Especially considering that BlackRock manages over $10 trillion in assets.

贝莱德（Blackrock）进入加密市场是对数字资产类别的重大认可，其持续购买可以帮助提高对比特币的机构需求。特别是考虑到BlackRock管理着超过100万亿美元的资产。

After Surging 1,000% In 2023, This Crypto Could Rally Another 700% Past Key Resistance

在2023年飙升了1,000％之后，该加密货币可能会再次出现700％的钥匙阻力

But despite BlackRock's buying spree, the Bitcoin price has shown a muted response. As of Monday morning, BTC's price trades at $102,600, showing a 0.2%-0.3% drop daily. In comparison, the cryptocurrency logged gains of up to 2% on the daily chart last week.

但是，尽管贝莱德（Blackrock）的购买狂潮，比特币的价格表现出了柔和的反应。截至周一上午，BTC的价格交易价格为102,600美元，显示每天下降0.2％-0.3％。相比之下，上周的每日图表中的加密货币记录了高达2％的收益。

Moreover, the 24-hour trading volume has also declined by 33%, and BTC's price now hovers around the lower support level. At the same time, it faces resistance at the 50-day moving average (DMA). Let's delve into the possible reasons behind Bitcoin's stagnant price.

此外，24小时交易量也下降了33％，而BTC的价格现在徘徊在较低的支持水平。同时，它在50天移动平均线（DMA）时面对阻力。让我们深入研究比特币停滞不前的可能原因。

5 Possible Reasons For Bitcoin's Stagnant Price In Sight, FOMC Meeting, a lack of bullish sentiment among investors, and many other factors could be contributing to Bitcoin's ongoing behavior. However, these barriers are likely temporary, as the power law model projects the token on a trajectory that could see the BTC price reaching $200K by 2025.

比特币价格停滞不前的5个可能原因，FOMC会议，投资者缺乏看涨情绪，以及许多其他因素可能导致比特币的持续行为。但是，这些障碍很可能是暂时的，因为Power Law模型在轨迹上投影了令牌，该轨迹可能会使BTC价格到2025年达到200万美元。

1. FOMC Meeting And Lack Of Interest Rate Cut Hopes

1。FOMC会议和缺乏利率降低希望

The US Federal Open Market Committee (FOMC) is set to meet today to discuss interest rates. Usually, during such meetings, there's speculation about interest rate cuts, which helps generate bullish sentiment in the market.

美国联邦公开市场委员会（FOMC）将今天开会，讨论利率。通常，在此类会议期间，人们有人猜测降低利率，这有助于在市场上产生看涨的情绪。

However, this time around, the CME data indicates very low odds of an interest rate cut, which could be keeping the market participants subdued. Such macroeconomic events tend to influence the prices of digital assets and also impact investor sentiment.

但是，这一次，CME数据表明降低利率的几率非常低，这可能使市场参与者屈服。这种宏观经济事件倾向于影响数字资产的价格，也影响投资者的情绪。

2. Investors Lacking FOMO Sentiments

2。缺乏FOMO情感的投资者

A major factor that contributes to a token's rally is the presence of FOMO among investors, which indicates their excitement to join a bull run. It is also a key metric and is directly proportional to the UTXO (younger unspent transaction outputs) younger unspent transaction outputs (UTXOs) or the age of the last spent output in a transaction. This peaks during a bull run and has peaked in 2013, 23017, and 2021.

促成令牌集会的一个主要因素是投资者中FOMO的存在，这表明他们兴奋地加入了公牛。它也是一个关键度量标准，与UTXO（年轻的未承诺交易输出）成正比，年轻的未承诺交易输出（UTXOS）或交易中最后一付的输出的年龄。这在公牛奔跑期间达到顶峰，并在2013年，23017和2021年达到顶峰。

At present, the UTXOs are nowhere near their peak. Although it has been increasing, it has not reached the top, which indicates that the speculative frenzy needed for a sharp uptrend is missing, despite new participants entering the market.

目前，UTXOS远远不到其峰值。尽管它一直在增加，但尚未达到顶峰，这表明尽管有新的参与者进入市场，但仍缺少急剧上升趋势的投机性疯狂。

Moreover, long-term holders have been adding to their hodling, which helps sustain the consolidation trend.

此外，长期持有人一直在增加他们的杂物，这有助于维持整合趋势。

3. New Holders' Low Bitcoin Holdings Impacting Price Trajectory

3。新持有人的低比特币持有影响价格轨迹

Usually, a bulk of an investor's crypto holdings are acquired during the bull market, and such investors tend to sell their tokens early on during a bear market. Hence, the younger the coins in circulation, the higher the selling pressure.

通常，在牛市期间收购了大部分投资者的加密货币，这些投资者倾向于在熊市上尽早出售其代币。因此，循环中的硬币年轻，销售压力越高。

In this case, however, the younger coins, which changed hands less than 150 days ago, comprise only 26% of the total circulating supply, which is lower than the 35% during the 2021 bull market. This indicates that a majority of BTC's price gains are yet to come.

但是，在这种情况下，不到150天前易手的年轻硬币仅占循环总供应的26％，该供应量低于2021年牛市的35％。这表明BTC的大部分价格上涨尚未到来。

4. Macroeconomic Conditions And Institutional Investors In The Picture

4。图片中的宏观经济状况和机构投资者

Bitcoin has been touted as an inflation hedge, and such narratives have been doing the rounds since 2021. However, a recent study by Glassnode suggests that there's no correlation between the two.

比特币一直被吹捧为通货膨胀对冲，这些叙述自2021年以来一直在做巡回赛。但是，GlassNode最近的一项研究表明，两者之间没有相关性。

This could be because the US inflation rates are calculated differently from the CPI, which is used to measure the cost of living. Hence, there's a possibility that BTC's performance could improve once the CPI rates begin to rise.

这可能是因为美国通货膨胀率与CPI的计算率不同，CPI用于衡量生活成本。因此，一旦CPI率开始上升，BTC的性能可能会提高。

5. Bitcoin Fear And Greed Index In Fear Zone For Over 70 Days

5。恐惧区中的比特币恐惧和贪婪指数超过70天

The Bitcoin Fear and Greed Index has been in the "Fear" zone for over 70 days now, and such an extended period of fear is usually followed by a market bottom. This could be a sign that the bear market is nearing its conclusion.

比特币的恐惧和贪婪指数已经在“恐惧”区域中已有70天了，而且这种延长的恐惧通常紧随其后的是市场底层。这可能表明熊市即将结论。