This is a scenario of the BTC $BTC downtrend that may take months for some to understand that it is a trade analysis.
أبو هدية
·
--
Bitcoin $BTC after it regains the liquidity that has been drained from it to energy, for war ultimately has a victor and a vanquished, and it stops to stabilize the situation relatively and rises to 787. Then it drops to around 49000 affected by negative geopolitical and economic repercussions due to what happened, marking the last drop. Then the cake is shared, and the rise towards the top begins. Note The candles in the chart are for illustrating the path and are not based on analysis.
Important $BTC . For 8 months, we have not been able to close with a monthly candle in the area marked in blue. This indicates something: we are closer to the reversal bottom, but reaching it is difficult and exiting from it is difficult.
With Abu Ibrahim. "I’m listening to the live audio broadcast \"Majlis of friends\" on Binance Square, join me here: \" https://app.binance.com/uni-qr/cspa/42257733221962?r=BFA67DLJ&l=ar&source=share&uc=app_square_share_link&us=copylink
🚨 Less than 30 minutes remain until the release of important U.S. economic data that could strongly move the markets.
Key upcoming releases: 🔹 Core PCE Index (the Federal Reserve’s preferred inflation gauge) 🔹 GDP (U.S. Gross Domestic Product)
Why is this data important?
The PCE index is the Federal Reserve’s preferred measure for monitoring inflation. If the reading comes in higher than expected, that means inflation is still strong—which could lead markets to anticipate higher interest rates for longer, or even bring back talk of rate hikes.
As for GDP data, it reflects the strength of the U.S. economy. Strong figures mean a more resilient economy, which also supports the dollar.
📈 Right now, the dollar is going through one of its strongest phases in months, and any positive surprise in this data could give it a fresh boost.
And here lies the problem for crypto
When the strength of the dollar rises, investors’ appetite for risk declines, and high-risk assets—such as $BTC and altcoins—are often subjected to additional selling pressure.
⏰ Only half an hour separates us from the numbers. Expect volatility to increase and make sure to manage risk well.
A lot of folks are asking: if oil is crashing, and gold and silver are pulling back, why isn't crypto pumping? In my view, the issue isn't really with oil or gold anymore, but with the dollar itself. Sure, the drop in oil was one of the factors that pressured Bitcoin recently, but today we're seeing oil tank hard, and gold and silver are losing steam too, yet liquidity is still MIA in the crypto market. The reason is that markets are starting to accept the idea of high interest rates sticking around longer, and some Fed members are still eyeing the possibility of raising them again. This gives the dollar a huge boost and makes it the preferred destination for investors during times of fear and uncertainty. When the dollar gets stronger, almost no one escapes. Stocks are under pressure, gold is dropping, silver is sliding, and crypto is suffering from a liquidity drought. That's why I believe the key to a bullish comeback isn't oil or gold, but rather the weakening of the dollar and a shift in expectations towards rate cuts. Only then might we see liquidity flood back into risk assets, with Bitcoin at the forefront.
📊 Next week could be one of the most pivotal weeks for the markets since the start of the year.
🇯🇵 Tuesday, June 16: Bank of Japan decision, with expectations of a 25 basis point rate hike.
🇺🇸 Wednesday, June 17: US Federal Reserve decision, where the markets anticipate a rate hold, but all eyes will be on the first press conference of the new Fed Chair, Kevin Warsh.
🇺🇸 Thursday, June 18: US unemployment claims data.
⚠️ A week where the Bank of Japan is expected to hike rates while the Fed holds steady, with anticipation for the inaugural speech from new Chair Kevin Warsh and his monetary policy outlook. It's gonna be a fire week 🔥🔥🔥
$BTC . Bitcoin's movement shows that it's forming higher lows and lower highs, which indicates price compression between buyers and sellers who previously boxed the price between 60/64. This points us towards a breakout scenario above 64, aiming for 68, as we've established support at 61 that has shown strength in the bounce.
$BTC . Bitcoin's movement shows that it's forming higher lows and lower highs, which indicates price compression between buyers and sellers who previously boxed the price between 60/64. This points us towards a breakout scenario above 64, aiming for 68, as we've established support at 61 that has shown strength in the bounce.