Dear all,

I hope you're well. After a hiatus, I'm sharing my thoughts.

BTC is expected to dip below last week's low before reaching resistance around 57500 or 56000 by the 22nd. Following this, another drop to 52k or 53k is likely.

Based on market analysis and the global economic situation, BTC isn't forecasted to surpass 76k or 80k for the next 5 to 7 months. While this analysis could be incorrect, considering the market landscape and BTC halving, it's probable that BTC will touch bottom and initiate a bull run for altcoins. Even if BTC reaches 90k, altcoins might not follow suit. Therefore, expect a sideways trend for another 3 or 4 months.

Please conduct your own research.