📣 #HalvingEffect + EXPECTATIONS OF CHEAP MONEY = PAUSE

Desperate fluctuations of $BTC have been going on for a long time. Technical analysis of the one-year chart shows that since February of this year until now #1 cryptocurrency has been fluctuating in the range of

$ 73,750 (upper mark) and $ 53,949 (lower mark).

Historically, such a long belt of fluctuations for $BTC in such a range has not been. So what is the reason for such an anomaly?

In our opinion, two main factors contribute to this.

1. #Halving2024 , like all phenomena, has a kind of inertia and time lag. So far, miners and market participants are in this inertia.

2. Expectations for an increase in the money supply.

As a result of the weakening of the tight monetary policy of global central banks, cheaper and more accessible money will flow into the global economy. But since short-term monetary policy instruments act for a certain period of time (according to various estimates, from 3 months to 1 year), the multiplier effect will make itself felt already at the end of this year.

Accordingly, according to our forecasts, #BTC☀️ will reach a new ATH at the end of 2024 or in the first quarter of 2025.

With anticipation of the rise.

#BTCBULLISH 🔥🔥🔥