Analysis: The community is concerned that Bitcoin may have a “God candle” trend near Trump’s inauguration day

PANews, December 21, according to News.bitcoin, the cryptocurrency market has been as unpredictable as the shutdown of U.S. government agencies in recent days. There is news that the U.S. government is about to shut down because of the stalling of spending negotiations. This situation has historically been unprecedented. Seeing will affect the market in various ways. As market participants become disillusioned with short-term expectations, Arthur Hayes believes that the cryptocurrency market will see a "dismal decline" near Trump's inauguration day, but the crypto community is watching with bated breath that Trump's inauguration may trigger a legendary "God Candle" trend (Note: God Candle refers to Prices rose sharply in one day, making the weekly trend on the price action chart (eclipsed by side activity), meaning the current market downturn is just a temporary lull, a bear phase in a larger bull cycle, if the U.S. resolves its 2025 budget issues and Trump implements multiple Bitcoin-focused strategies To encourage the market, Bitcoin could see a huge recovery.

Of course, the immediate price trend of Bitcoin remains unclear at this time. Whether Trump’s inauguration as U.S. president will usher in the expected boom in the crypto market is uncertain.