About BTC, a brief discussion 🔥🔥🔥
For the past three weeks, I have been closely monitoring its trends. At the peak of $108,000, I warned Binance users that it might drop sharply for various reasons.
Future Trend Prediction
I expect it to fall below $90,000 in the coming days, affecting the entire market, especially meme coins. This is not new analysis; I mentioned it a few weeks ago.
Analysis of Downward Reasons
The reasons for the decline include: the downward trend in the chart after the Federal Reserve's decision, leading to a loss of trading volume and decreased demand; as well as many individuals and companies going on vacation during the Christmas period, resulting in reduced trading activity.
Not a Major Threat
But this is not a major threat; it's more like a correction in the annual candlestick chart. It has risen significantly this year and is now in a correction phase. Sooner or later, it will reach $130,000, but not in the short term.
Current Price and Prediction
The current price is $92,400, with a historical high of $108K. I expect the lowest point to be around $88,000, possibly slightly lower. But #BTC will sharply rise from this level in the long term to about $130,000 or $140,000.
Please refer to my page for #BTC analysis. Stay connected, click on the avatar to share your thoughts with me live.
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