Personally, this weekend, Friday, after the FED meeting, BTC will rebound and return to the 63-66k area until July 31.
Analysis: psychological factors, fear index has reached a low level. If this continues, it will create a bad psychology for the market. Personally, I have a question, why didn't German CO sell at BTC 72-73k, instead selling at this low time???? Is this really "German CP" or a collection of a whale manipulating the market???? The fact that this market is red while the two classical markets create records and is green, without paying attention to the FED's interest rate cut information, is clearly not following this rule but is being manipulated by whale sharks. The evidence is that they release a large amount of BTC to control the growth momentum and steer it in their direction, the "Long-Short" players are the target audience, while everyone is thinking about BTC going deep to 45-50k. increased again! I have 2 scenarios
1. This Friday, BTC will hit the 45k500 mark, then quickly return to 52-53k, sideways for alti to return. By July 31, after announcing no interest rate reduction in September, it will rebound strongly. about 63-66k (66k is mid-August) why??? Because at that time, Wall Street took profits and poured money into crypto, causing the price to increase sharply, pushing the price to a peak of 72k in September, and then falling back to 66k.
2. This Friday, BTC will rebound to the 63k mark, then reach 66k-69k (69k between July 15-20), then return sideways around the 64-66k mark, upside down after the meeting on July 31, and the series The day of dominating all markets, BTC bottomed at 43k500! It's like raising the fear index up a bit and then pulling it down!
Note: this is a personal opinion, not investment advice, disclaimer
#Write2Win
