$BTC
Why are we falling and why do I think there will be no deep correction?
🗣The first is, of course, geopolitics, risks are growing again in the Middle East,
🗣The second is additional liquidity from the US government and mt GOX.
🗣A crisis of narratives, nothing very positive will happen in the next 2 months, and the seasonality in those months also does not give anything positive.
🗣Fears that key rates will be lowered will bring negativity to the market, as has been the case historically.
Why these are not big problems?
💡Geopolitics. I don't want to delve into possible options, but in the basic version, I expect a repetition of the option as it was in April, after which the situation cooled down.
💡The market will absorb the liquidity here and as in the past, as we saw in the story with the sales of the German government.
💡I think there will be narratives, and seasonality does not show us a deep correction, only consolidation.
💡I consider that the negative will be only in snp500 and then very short-term. In general, lowering rates is positive, both for business and for risky assets such as cryptocurrencies