Possibly $BTC
My first post and let it be about BTC.
From my point of view, there are many factors for growth. I don’t know whether it will be today or tomorrow, but fundamental analysis tells me that there will be growth. The ECB has started to cut interest rates. This could push investors towards riskier assets. Reduced miner inventories mean potential price increases. Purchases through ETFs also lead to growth.
Technical analysis says that we will resist and consolidate at the level of 70000-71000, but the general trend is still towards growth.
The restraining forces of the market may break through resistance below this level to 68,000 and below.
If there is a rise to 72,000, perhaps we will test the maximum (73,500). But I don’t think you should just sit down and wait for Bitcoin to reach 100,000. And I wouldn’t want to see a sharp jump - it usually leads to strong corrections.
What do you think?
Not financial advice in any way.