Short-term BTC prediction:
- If Bitcoin withdraws and closes the weekly candle at the price of 40-41k, after closing the weekly candle at that price, the whole week after that Bitcoin will lose the price of 40k$ to below 40k$/BTC
- Since the Bitcoin ETF has not been approved, BTC is very HOT in the market, there is a very strong investment wave, massive capital pouring in.
But after the BITCOIN ETF was approved, things were different. BTC showed signs of decline and weakness. Instead, capital was transferred to invest in $ETH to catch the ETH ETF wave.
- In the short term, I predict so, and BTC will not go down all at once, but will go down to a certain point and then stop to let Altcoin recover at some price level, then we can buy stocks. coins like GAS and USTC, BNT to earn profits. Then $BTC will drop again.
- As for a long-term overview, from now until Bitcoin Halving, BTC will still be able to decrease in price to less than 30k$
