What could happen next?

In the recent period, the economy has clearly lost steam, but through the indicators always showing the optimism of the Biden administration as well as the confidence of the FED

So what could happen if this confidence and optimism is built to cover up the possibility of an economic recession. Everything will gradually become clear after the election has been decided, the announcement of indicators this week could cause a shock to investors if that is true and the Biden administration no longer wants to cover up the economic difficulties through optimistic numbers.

Instead, on January 20, 2025, the old administration will leave Trump with nothing more than a pile of trash.

Prices often run ahead of news and it is possible that if the above assessment is correct, we could witness a stronger market fluctuation this week.

Remember that the uptrend season will definitely come, what we need is a reasonable buying point and patience. But until now, BTC has not been able to completely separate itself from the influence of the traditional financial market as the goal for which it was created.

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Allocate your investment reasonably and always keep a USDT amount to deal with the market correction. This correction may last until January 2025 or if everything is as the FED said, a soft landing will help BTC enter an uptrend from now until the third quarter of next year.