Potential Downturn: BTC and ETH Price Projections and Risks

Hour after hour, the hope for the long-awaited bull run is fading. In the crypto market, there is an urgent need for believers to continue investing instead of waiting for BTC to rise on its own or for macroeconomic events to ignite the momentum.

With BTC failing to make a new high and surpass its previous all-time high, this indicates a lack of momentum and a mere psychological reaction to the current market conditions, where fear often eventually dominates. If BTC fails to break the $73K mark, it may experience a strong rejection and drop significantly. However, if it breaks through, which is unlikely to happen without a massive inflow of funds, this could trigger an unstoppable chain reaction, taking the crypto market by storm and making it hard to chase.

Just watch carefully and follow the smart money moves, as this may determine the future of crypto. Our projection is that BTC may drop to $64K and ETH to $2900, and if these levels are reached, they may go as low as $56K and $2700, respectively.

Financial Disclaimer:

The information provided in this post is for educational and informational purposes only and should not be construed as financial advice. Cryptocurrency investments are highly volatile and carry significant risk. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.