This is what you might hear these days (possible) but not certain. But what is the reason for this talk (assuming it actually happened). What do you think?
First, and in my personal opinion, there is no crushing decline, this is nonsense and debauchery.
Second, the correction is very, very, very, very healthy and we must see it. But the important thing to keep in mind is the following:
If the correction happens to Bitcoin, you might see it at 75,000 less or a little more.
The currencies will fall approximately between 5-10% and this is very normal.
Then the rise continues and returns to higher numbers, and so on.
What do I do?
As usual, I am waiting for a correction so that I can enter and buy the currencies that I originally bought, I strengthen them and increase my quantities.
If you have liquidity and there is a correction, buying is a good thing.
If you don't have liquidity and are centered in your currencies and waiting, then don't focus on the correction at all. Enjoy the journey. God willing, Bitcoin will rise more and I think we will see 100,000 for Bitcoin❗️ $BTC
Coinbase has decided to remove the stablecoin $USDT
from its exchange in the European Union countries for its illegality, as it was previously classified as a currency that does not meet the legal requirements
This reminds us of what happened to the Luna coin 👀
Caution is necessary and do not forget that you are entering a very high-risk market 👉 $BTC $ETH
Bitcoin last 7 days there was a zone of accumulated short liquidations at 57000 which was completely destroyed and this is the reason for the volatility in the current zone.
The next zone with higher liquidity is at 58000 - 59000.
🔵 So far, at the Federal Reserve meeting on September 18, 70% of investors expect a 25-point reduction.
✔️ This is the most positive scenario because at that time it will be translated that the Federal Reserve is not afraid of the economic situation and then it will take a soft landing.
🔘 In the case of 50 points, it means that it made a mistake and must quickly lower the interest rate, and then there will be fear and people will sell quickly.
🟢 In general, the reduction is positive in the long term, but in the short term, 25 points is more positive than 50.
The economic figures released give us the impression that the Fed will cut interest rates by 1% in the three remaining meetings until the end of the year, or at least 0.75%
We may see a 50 basis point cut in the next meeting, then two more 50 basis point cuts before the end of the year