$BTC How the hamsters on Longi lost their fur.

From 71k to this day I wrote about the fall and substantiated the reason, congratulations to everyone who earned it. Briefly, what awaits us next.

Since BTC is completely tied to the US economy and all global events that are somehow connected with it. After the release of the ETF, this became our reality. Now, to understand the trend, you need to monitor economic events.

Now we have an extremely interesting situation. We are on the verge of a bigger fall, if the Fed doesn’t lower the rate again this month, we will go beyond 52-53k. And this will continue until the rate is lowered, the chance that it will be lowered is 5% this month, the head of the Fed is doing well only in words, in reality there is inflation, stagnation, national debt, elections. All this has a very bad effect on Bitcoin. Now it is possible that we will make a slight rebound to 60k, but this is unlikely. It is more likely that we will fluctuate between 55-60 until the day the rate report is released, and then we will go lower. If we break 55k quickly, there may be a panic reset. So now, no matter what kind of dog or cat you draw on the chart, no matter what kind of support you put, they can’t do it for you.