My General Market Expectation!

Since #bitcoin tested the 53500 level on July 5, the market price of #altcoin has increased by an average of 50%. But not testing 49 thousand left many small investors out. $BTC without considering the price of altcoins

Focusing on the BTC price, the small investor did not make any purchases, waiting for a shot at the MA50 level of 49 thousand dollars. For this reason, they believe that they should not accept the altcoin prices, which are priced between 30% and 120%, and think that the decline is not completed and should test that region again.

In particular, while it is almost certain that the Fed interest rate decision to be announced on July 31 will be left unchanged, all eyes are on Powell's post-decision statements. This speech, which will take place on July 31 at 21:30 CET, will shed light on whether there will be a discount in September. Latest statements show that since there are 2 interest rate cuts, they will take place in November and December. However, it will not be a surprise if the USA, which will hold elections in November, enters into an early discount in September to relieve companies experiencing liquidity problems. I think we will experience a small rally in August as there is already an element of pre-pricing events happening in the crypto market. A 2-week close above 67250 will allow blood to enter the bottom. I think we have a very high probability of pumping with instant news in an environment where those who still have cash cannot trust the market and enter. For this reason, I remind you again. Being Full cash and Full property is always a wrong move.