I anticipate a small dip in #Bitcoin likely touching the 63k-65k range, as its 24-hour trading volume has decreased by 2% in just one hour. This dip could lead traders to open short positions, but if they do so at 63k-64k, they might find themselves stuck for 1-2 months. I recommend preparing for this dip and considering long positions when Bitcoin approaches 63,200-63,400, as it may rise afterward.
Thereâs a possibility of a pump to around 69k if Trump wins, but I expect selling pressure to push it down again. I believe Bitcoin won't reach 70k unless it pulls back to 62-63k first. Analysts suggest BTC could eventually drop to 40k-45k, which may take time, but that's where the U.S. might start buying Bitcoin to hold as reserves. After that, it could potentially break the 100,000 mark if the market remains stable.
For those interested in shorting $BNB
BNBconsider taking profits around 560-570. It seems like weâre seeing a resurgence in meme coins as well. If Iâve misjudged anything, please let me know.
