(BTC drop before rise)
Careful with the optimism, friends.‼️
At the moment, I see two options before September: Bitcoin's decline to 45-37k and then exponential growth and Bullrun, or gradual slow growth in August and more confident growth after 18 September for the next year.
The global #1 reason for the crypto market rise are the growing chances of a Fed rate cut in September.
Reasons why Bitcoin may still decline before rising, this is the final downturn for global buying by major market makers.
By the end of 2024, I expect Bitcoin to be over 80k if no global Black swans occur (e.g. the worsening situation in the Middle East)
