Euphoric sentiment, institutional buying demand, and historical gains linked to bitcoin’s (BTC) halving event are putting the asset on track to cross its lifetime highs of $69,000 in March, some traders say.
比特币的情绪高涨，机构购买需求以及与比特币（BTC）减半事件相关的历史收益，使得该资产有望在三月份突破其69,000美元的历史最高价位，一些交易员称。
Bitcoin halving has always been associated with bull rallies, with the asset’s prices increasing by several hundred percent in the months following previous events. Halvings happen about every four years and decrease the block rewards to miners. The next halving is expected in mid-April, a countdown clock shows.
比特币的减半事件总是伴随着牛市的到来，资产价格在之前事件后的几个月内增长了数百个百分点。每隔大约四年就会发生减半事件，并会减少矿工的区块奖励。一个倒计时钟显示，下一个减半预计在四月中旬。
Prices tend to rise with fewer new bitcoin on the open market as long as demand remains constant or increases. Historical price action may not be repeated in the future, but the anticipation of a rally may push investors to put outsized bets on the asset.
只要需求保持稳定或增加，开放市场上新比特币减少时，价格往往会上涨。历史价格走势未来可能不会重复，但对牛市的期待可能会促使投资者对该资产进行超额下注。
“The anticipation always leads to increased buying activity or ‘FOMO’ for lack of a better term,” Bryan Legend, CEO of Hectic Labs, told Crypto in a Telegram message. “Investors expect a reduction in supply to drive up prices, and a pre-halving rally which contributes to a new bull market with a refreshed bullish sentiment.”
“这种期待总是导致购买活动增加，或者可以称之为‘FOMO’，” Hectic Labs的CEO Bryan Legend在一条Telegram消息中告诉Crypto，“投资者期待供应减少推动价格上涨，并期待减半前的涨势，这有助于新的牛市形成并刷新了乐观情绪。”
“However, the rally leading up to the actual halving event is a great time to realize short-term gains,” Legend added.
“然而，减半事件前的涨势是实现短期收益的好时机，” Legend补充道。
Meanwhile, some traders expect bitcoin to top its lifetime peak of $69,000 in March, saying institutional demand and the early success of spot bitcoin exchange-traded funds (ETFs) are likely to push prices.
与此同时，一些交易员预计比特币将在三月份突破其69,000美元的历史最高价位，称机构需求和现货比特币交易所交易基金（ETFs）的早期成功可能会推动价格。
“With 54 days left before the bitcoin halving and the expectation of the Fed’s interest rate cut in the middle of the year, bitcoin prices have a support level at $50,000 and may fluctuate to hit historical highs in March,” Ryan Lee, chief analyst at Bitget Research, told Crypto in a message.
“距离比特币减半还有54天，而预计美联储将在年中降息，比特币价格有一个支撑水平在50,000美元，并可能在三月份波动以达到历史高点，” Bitget Research的首席分析师Ryan Lee在一条消息中告诉Crypto。
“The trading volume of nine bitcoin ETFs in the U.S. also reached a new high of $3.2 billion last week, indicating institutions have a strong bullish sentiment,” Lee added.
“美国九只比特币ETFs的交易量上周也达到了32亿美元的新高，这表明机构有着强烈的看涨情绪，” Lee补充道。
Bitcoin ETFs traded a cumulative $2 billion on Tuesday. BlackRock’s IBIT recorded over $1.3 billion in daily trading volume for the second consecutive day.
周二，比特币ETFs的累计交易额达到了20亿美元。BlackRock的IBIT连续第二天录得超过13亿美元的日交易量。
Bitcoin was trading just above $57,200 in Asian morning hours on Wednesday, adding 1.5% in the past 24 hours. The CD20, a broad-based index, is up nearly 1%.
周三亚洲早盘时段，比特币的交易价格略高于57,200美元，过去24小时上涨了1.5%。综合指数CD20上涨了近1%。