🔥 BTC: What’s Next? A Run-Up or a New Correction? 🔥
Bitcoin is back in the spotlight after hitting $101,000, and it seems like the market is gearing up for another wave of moves.
After a recent ATH of $99,600, $BTC has broken through the psychological $100K mark, which was made possible by a combination of factors including increased institutional interest and expectations of a Federal Reserve rate cut. If the forecasts for a 0.25% rate cut come true, it could be the catalyst for an even stronger rally, possibly to $105,000 or even higher.
But the market is always unpredictable. Some experts believe that if support at $97K is broken, BTC could return to $92K, which would be a new opportunity for long-term investors.
💬 Question for you:
What do you think, is it worth adding BTC to the portfolio now or is it better to wait for a possible correction? Share your opinion and strategies in the comments!