LIVEGNF Learning
@gnflearning
Full Time Trader & YouTuber
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$BTC We're in a tricky situation where anything could happen. The halving is coming in about 9 hours, and we see three main possibilities:
#Bitcoin might drop to $58k or even $55k, which could force people who bet on its rise to sell their holdings (worth $3 billion). Then it could shoot up to $70k and even higher.
#Bitcoin could shoot up to $72k first, then drop to $66k. After that, it might stay around that price, build a base of support, and gradually rise. (This is the best-case scenario.)
$BTC might drop below $55k, causing a big loss for investors and a significant decline in other cryptocurrencies, like an extreme bad scenario.
#Bitcoin might drop to $58k or even $55k, which could force people who bet on its rise to sell their holdings (worth $3 billion). Then it could shoot up to $70k and even higher.
#Bitcoin could shoot up to $72k first, then drop to $66k. After that, it might stay around that price, build a base of support, and gradually rise. (This is the best-case scenario.)
$BTC might drop below $55k, causing a big loss for investors and a significant decline in other cryptocurrencies, like an extreme bad scenario.
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UmerCrypto444
Close Position
BTCUSDT
PNL
-21.50
Close Price
$66951.89999955
