đđĄ Short Term BTC Prediction: Insightful Analysis đźđ
Bitcoin's current situation raises questions, and a short-term prediction requires a thorough analysis of recent events. Here are some thoughts on possible future developments:
1ïžâŁ Crucial Support Level at $40-41k đ
If Bitcoin closes the weekly candle between $40-41k, a drop below $40k the following week is expected. This level becomes a key indicator to anticipate market movement.
2ïžâŁ Change in Post-ETF Dynamics đ
The lack of approval of the Bitcoin ETF has led to a change in market dynamics. Capital, initially directed towards BTC, shifted to Ethereum to capitalize on the ETH ETF wave.
3ïžâŁ Short-Term Strategy: Altcoins in Sight đ°
In the short term, one prediction suggests that BTC will not fall sharply, but will drop to a certain level before stabilizing. This could provide an opportunity for Altcoins such as GAS, USTC, and BNT to recover at specific price levels, providing profit opportunities.
4ïžâŁ Long Term View: Possibility of Return to $30,000 đ
From a long-term perspective, the prediction suggests that by the time Bitcoin halves, the price could potentially drop to less than $30,000. However, this remains a conjecture and will depend on various economic factors and market sentiment.
đ Conclusion: Adaptability and Prudence đĄïžđ
The prediction highlights the need for adaptability and prudence in the current market environment. Reversals and adjustments are possible, and opportunities can emerge at different price levels. Stay tuned to recent developments to refine your investment strategy. đđ
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