Latest situation in Bitcoin!!
Unfortunately, Bitcoin lost its main support position at $60 thousand. If the decline deepens further, a major market crash will occur. We can clearly say that no one expected this decline. Again, it could be a classic shake-out operation, we will watch and see. This decline was a surprise to me. But the general upward target is 100 thousand dollars and above. This decline is not related to the statements of the Fed chairman, that is for sure. I see this as a trap, closings are important, weekly and monthly. Everyone was extremely bullish. I was not extremely bullish, but no one could have predicted this decline in the short term. One way or another, we will see a minimum of 80 thousand dollars and a maximum of 120 thousand dollars by the end of the year. A very troublesome and exhausting bull season awaits us. If there is no mega bull in 2025, cryptocurrencies will come to an end.
YTD
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