Is overall view #bullish or #bearish ? Let me explain...
First of all let's state what has been done ill now, and what we expect to happen.
Things done:
- ETF #BTC was approved by SEC đ
- Google has allowed cryptocurrency adsđ
- Questions answered related to collapsed platforms (FT*) and users will get their money đ
Things we expect:
- Despite of the sell pressure of Grey Scale, we are still over 42k-43k. đ
-$BTC halving is around 90 days away đ
- Institutional buy pressure on BTC đ
- $ETH ETF approval đđđ
What l believe is:
1. We will see more sideways for a few weeks and l expect to see 48k before halving.
2. Then might see slow pullback and sideways 3-4 months after having.
3. l expect deep (-%20ish) pullback and go up till mid of 2025.
Note: in each bull run, it is normal to see -%20ish pullback for 1 or 2 weeks. That is super normal.
My suggestion is for you to pick our brand new coins on good narratives and place buy order -%10 from the current price and chill;)
I'm quite new to #Binance Square. Your likes and comments mean lot to me. Please let know hat you think in comment section âŹïž
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