Golden Finance reported that Andre, European research director of crypto asset management company Bitwise Dragosch said that as investors have profited from the sharp rise in the crypto market after Trump's victory, the recent Bitcoin price is likely to remain below the psychological mark. He pointed out in the report that Bitcoin has so far failed to break through $100,000. Because long-term holders "launched" a large amount of Bitcoin into the market during the recent rally, they also said that the recent decline may be "temporary" because market sentiment remains high and supply seems to be somewhat tight, Bitcoin valuation is still Far from too high.