$BTC Update :

BTC is currently retesting trend line in 1H TF. It is expected #BTC get rejected from here and start moving downside again. In successfull rejection case we can see downward movement to :

1. $52,600

2. $50,500

levels. But if it close 4H above trend line then upward movement . It is two sided situation . But main thing what we are going to do personally .we are expecting rejection not breakout. so, you can dyor before taking any financial decision. Here is also overall market report and precautions :

Japan’s Interest Rate Hike and Market Impact

Japan’s recent interest rate hike has led investors to seek stable interest from banks, causing a sell-off in stocks and impacting the overall trading market. While some fear a recession, this appears to be a market correction. Middle East tensions are also contributing to #BTC☀ and market declines.

Strategies for Capitalizing on the Market Downturn

1. Accumulate well-established #Cryptocurrencies like Bitcoin and Ethereum at lower prices.

2. Invest in DeFi projects for high returns during dips.

3. Use DeFi for passive income to offset losses.

4. Allocate part of your portfolio to stablecoins to preserve capital and provide liquidity.

Staying Strong During Market Fluctuations

1. Follow credible crypto news and analysts.

2. Stick to your long-term strategy and avoid panic selling.

3. Diversify your crypto investments to minimize risk.

4. Keep funds in stablecoins or fiat for buying opportunities during dips.

5. Engage with the crypto community for insights and support.

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