🚨 BTC LATEST SITUATION (Everyone Forgot) 🚨
Maintaining the 56k level at #Bitcoin is one of the critical points for the Bullish region. If the 56k level is not maintained, the 52k level will be on the table. The market will want to create devaluation by throwing a needle. I think this level will be 50k.
This was our expectation since the beginning of the first big decline Makalemizi buradan inceleyebilirsiniz.
The last point he would want to throw a needle at is the 50k level. This is also a psychological support point!
Anything lower will signal Bear season! In this case, we have 3 Jammers that will disrupt the signal:
1. Approval of the ETH ETF S1 project. (second week of July)
2. Lowering interest rates. The SEC said that they do not want to cut interest rates throughout this year, but I must say that they may implement it if the terms and conditions force it. (The SEC meeting in September will be decisive)
If this doesn't work in 2 cases;
3. The victory of Donald Trump, a Bitcoin supporter, in the US presidential elections on November 5 will pave the way for Bullish! Of course, if World War 3 breaks out by November, the SEC will explode too!
So, friends, as you can understand, in every possibility, Bitcoin's direction is up. However, we are uncertain about the time. But today and tomorrow we will be patient! Bitcoin investing is a matter of patience! He who is patient will win. Not everyone can be rich.
There are possibilities that the bull season could be postponed for up to 2-3 months. In such an inflationary environment, it will not be easy for stock markets to find new investors.
The only fact that everyone overlooks; This season will be like no other bull season! Because; The global market has already entered the state of a war economy. Let's not forget, let's not let us forget!
#bitcoin #btc #binance
