Opinions are divided on Bitcoin's short-term trend: some traders are eyeing $84,000, but bear market risks remain.

According to ME News, on February 7th (UTC+8), the crypto community was divided on the short-term trend of Bitcoin. Some analysts warned that the price might be heading for new lows, while some traders were already targeting $84,000. Specifically: 1. Keith Alan, co-founder of Material Indicators, stated that the bottom for BTC has not yet appeared, and the primary task now is capital preservation. Alan pointed out that the $69,000 high in 2021 is crucial in the current easing rally. Although $60,000 was yesterday's support, there is a high probability that it will fall to a lower level before the bull market returns. 2. Rekt Capital believes that historical trends suggest BTC still has room to fall. After reaching the peak of the bull market in the fourth quarter of the year following the halving, BTC often experiences a easing rally of several months before breaking below the bottom of the macro triangle and entering an accelerated decline phase. The current period is the fourth consecutive cycle conforming to this historical tendency. 3. Analyst Michaël van de Poppe offered a different view, stating that he expects the market price to rebound to the CME gap, and that the upward trend could continue to above $75,000 next week. 4. JAN3 CEO Samson Mow stated that BTC will soon fill the $84,000 gap in CME futures, and the ability of large corporations to purchase BTC as a reserve asset is also worth noting. (Source: ME)