๐จATTENTION๐จ
First, I would like to say that I am back after taking some much-needed time for myself. ๐
Now, with that said, even though my absence was prolonged, everything I have said before still holds true to this day. ๐ฅ
As I have said many times before, we are in an accumulation phase, where the market makers use every chance they get to shake out the market of weak hands in an effort to make the inevitable all-time high as stable as possible. โ๏ธ
Now you may ask, how long will this phase last? ๐ค
Well, to be honest, nobody really knows. It all depends on the market makers and demand. ๐ฏ
In the long term, I do expect Bitcoin to reach a new all-time high, but for the short term, we do need to expect volatility. ๐
Now, everything is not all doom and gloom, as I have seen bears make a statement of a 40k or even 30k Bitcoin, which I believe is unrealistic. ๐ซ
A visit to the 50k level is much more likely, but nothing lower than that. ๐
Tomorrow's FED meeting might just give us a clearer picture of what is to come, with the market expecting a rate cut. ๐
By my estimation, anything less than a 0.5 rate cut is unlikely, with 0.5 being my estimate of what is to come. ๐ฏ
Keep your eyes peeled for tomorrow. I strongly suggest against trading tomorrow as it will be a very volatile market. ๐
Keep calm, the golden bull is coming! ๐ฐ
Thank you for reading. ๐
I will once again be regularly updating you on the market, so be sure to like and follow for more! ๐
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