Bitcoin Price Analysis!!!
Today another bearish day, in just 2 days btc lost almost 10,000 dollars. Now this is a big dump for all crypto market, these kind of dumps convert crypto traders in forex traders. But this is a part of life we always prepare for everything, as we all know that trump take a presidential seat on 20 Jan, good news is that he is a pro crypto and his advisor elon musk both are pro crypto stakeholders in crypto market, both have a potential that they pump crypto without investment, just 1 news for both of them with crypto or any coin and crypto market boost by 10-20% in just 24 hours so this a good news for crypto that both take a seat in white house.
But now US govt face some very critical challenges, that is unemployment rate, which is higher then govt expectations, inflation rate is also unexpected so these things makes news president week for make qick better decisions about economy, thats why now we have a 90% authentic news that fed never want to change cut rates, if this happened then US stock market crash for a week and crypto market also crash very badly so Trump need to improve unemployment rate and inflation rate before 29th Jan to save US economy and also crypto world.
Many forex traders and large reserves companies want to add bitcoin or xrp in their reserve but due to uncertainty in crypto market they stopped, so now net inflow is decrease as a result crypto market lost his value, but i think trump have some positive news before 20th Jan or before FOMC meeting which leads crypto market. Also bitcoin hash rate almost double in 2025, which indicates btc value at the end of 2025 will be 180k+ this is unexpected news in these crises.
Now btc near at 90k and want to break 90k support but this support is unbreakable after elections so now their is a strong chance for that now crypto market rebound and convert their raddish market into greenish market. So tomorrow maybe some greenish day we have. Wait for btc next move...
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