BTC Weekend Price Updates
Based on my observation of the weekly movement of BTC, it appears that BTC is likely to reach $45k - $46k before Monday night if the market continues to be strong. However, it's important to note that the price might continue to fluctuate due to the imbalance between buyers and sellers. Currently, buyers are believed to dominate the market, accounting for 80% of the trading activity. This lack of equilibrium is causing the price to move in a volatile manner.
According to my analysis, the price will continue to increase and potentially reach the $46k range, which would be a significant all-time high after the drop from $66k to $16k. However, there is a possibility that the price might stop at $45k and retrace back. It's crucial to understand that the current price of BTC is at a high risk level, and there is a chance of a significant drop. Therefore, it is essential to invest only with the amount you can afford to lose and trade cautiously.
Please note that this is not financial advice. I am sharing this information based on my analysis, and it is crucial for you to conduct your own analysis before making any investment decisions. It's worth mentioning that my previous analysis has proven accurate, as you can see in my past predictions on the market.
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