🚨🚨 The current decline in Bitcoin seems to be driven by short-term market dynamics, including profit-taking, macroeconomic uncertainty, and legal developments. However, the long-term outlook remains optimistic due to:
🔸️ Institutional interest (e.g., Bitcoin ETFs).
🔸️ Increasing acceptance as a store of value.
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Price targets
Short term (1 month):
▪︎ Bearish scenario: $95,000 (if selling pressure intensifies).
▪︎ Base scenario (neutral): $100,000–$110,000 (accumulating around key levels).
▪︎ Bullish scenario: $115,000–$120,000 (if there are positive developments regarding ETFs or macroeconomics).
Medium term (3–6 months):
▪︎ Bearish scenario: $85,000 (in case of macroeconomic tightening or unfavorable legal developments).
▪︎ Bullish scenario: $130,000–$150,000 (driven by institutional accumulation and expectations of the halving).
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Smart moves
1. Buy near $95,000–$100,000: Accumulate if the price drops to this level.
2. Place a stop-loss order at $90,000: Manage risk in case the price continues to fall.
3. Hold during volatility: Keep the investment to benefit from the expected price increase in 2024 after the halving.
4. Diversify the portfolio: Explore potential high-altcoin or ETF opportunities to balance risk.
The market structure of Bitcoin remains resilient, with significant growth potential for patient investors.