Based on my personal analysis, I predict that the price of BTC may first fall to around $61,000 and then rise back to around $60,000. I also believe that the downward trend in this forecast may also affect the altcoin market, causing them to generally fall by 8% to 15%. Therefore, from the perspective of risk management, investors are advised to remain cautious and avoid unnecessary risk exposure at this stage.
Current BTC price: $63,000
My expected price: $61,000
It is worth mentioning that I have previously shared more than 20 verified accurate trading signals for free, which increases my confidence that this forecast may have a certain degree of accuracy. However, I still want to emphasize that every investor should conduct sufficient research and consideration before making an investment decision.
Here are some key secrets for successful trading:
Detailed analysis: Focus on and analyze the 1-hour and 4-hour time frames in depth to capture the short-term and medium-term trends of the market. Confirm before you act: Before investing, be sure to confirm the reliability of trading signals through multiple information sources. Follow the trend: Only participate in trading when the market is clearly showing an upward trend, and avoid the additional risks brought by counter-trend operations. Diversify appropriately: Although it is recommended to avoid investing in multiple currencies at the same time to reduce risks, it is also necessary to diversify appropriately and not concentrate all funds on a single asset.
