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Andrew1050
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When bitcoin hits 65-68k it will drop to 40k in October . đ
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$BTC I think it will drop before rising again , 59k-61k fluctuations before a pull to 62k and above target is 65-68k maximum . Getting a short position at 68k is gold . market is still following bearish momentum and we may see bitcoin got to 40k in October . That's my prediction . but anything can happen right now so i closed my long and opened a short at 60500 to get 1000on the downside. It seems 65k will happen. but for now it might dump like it always does in Saturday and sunday. until next weekend we might see 65k. Until then it's unpredictable that it can sustain to reach 65k. let's see how it dumps tomorrow . then we will see where the market goes next week. Everything plays a role in the price, exchanges manipulations, liquidations heat chart,conflicts , possibility of recession, interest rate cuts , possibility of another pandemic, and world economy plays a big role, so keep a check on all of these and you'll see the price changes due to the dynamic interplay between these factors . But i do believe the market will be bearish coming the end of 2024 , and 2025-2026 we may yet see another bullrun. And that will be the biggest we will see. 10 trillion at the minimum .
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$BTC Broke 58k atlast now it has to break 61k. let us see where it goes. closed my long from 53k to 58k because now comes the volatile market which is not very predictable. It may drop if it can break 65k again. and it will go to 40k. But i feel it will go to 65k before the interest rate cuts in 20th.
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$BTC Still along way to notice what will happen. Charts are giving no bullish vibe for now. If it starts breaking atleast the red line maybe we will go to 65k. Liquidations heat map still gives bitcoin an upward trend . So where do you guys think bitcoin is heading next? With possibility or recession , Interest rate cuts , world economy and the conflicts , where will we go next . Exchanges hold alot of Crypto and they can manipulate markets just as easy but still depends on investors because investors hold atleast 65% more or less.
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$BTC Come on break 60k . we need that 65k then we will go to 40k .
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$BTC What comes for Bitcoin's price after 20th September . It might pump or dump depends on World economy , Conflicts and the possibility of a recession . these Interest rate cuts are good but what if they will add more % to tax because of the Government's need for funds. So it surely depends on economy and how much conflicts cost.
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