đ What to expect from the market by the end of the year and what is my plan of action?
I continue the series of posts on important topics that interest everyone. FOLLOW now so you don't miss anything.đ
3ïžâŁ How Far $BTC Could Fall: Realistic and Fantastic Scenarios.
1ïžâŁ Realistic scenario of decline: it is no secret that $BTC has been moving within the descending channel since March of this year. At the moment, there is a rebound from its upper limit and if everything is confirmed, then the price can potentially approach its lower limit, to $ 50,000. But for such a movement, at least it will be necessary to break through $ 60,000 and consolidate under this mark.
2ïžâŁ Fantastic scenario of decline: we can immediately say that it is $1000, but let's be more objective. The real fantastic scenario is a move to $40,000 , or even below this mark. Such prices are possible, but for this we need an extremely negative news background, FUD and terrible macroeconomic data over a relatively long period of time.
â In summary: I personally don't expect the price to fall below $50,000 this year. Testing this mark - yes. But lower, especially to $40,000 - is extremely unlikely
#Bitcoinâ #BNBToken #ETHđ„đ„đ„đ„ #USRateCutExpected #USPPIAboveExpectations
