Not excluding an escape of $BTC deep down to approach 80-83k to take away all the confidence of investors. A great price action supports below. It would be reasonable to have a correction for a longer-term growth.
I analyze a detailed article about #ETFvsBTC #btc scenarios towards the answer: How much will $BTC peak in the distant future? I will analyze based on personal opinion through the 3 scenarios stated in the 3 arrows as shown in the image: 1. Blue Arrow Scenario: I am using the pitchfan indicator for a long-term BTC chart showing the price path and possible BTC price target according to PLan A (what I call the green scenario). Accordingly, BTC will be able to reach the threshold of the Super Wave Cycle with a peak of $300-350k.
According to you, how will the BTC target be? Currently, BTC is located on the red fan line.
SHINJINC
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How Much Bitcoin 🔥 Peaked?
I analyze a detailed article about #ETFvsBTC #btc scenarios towards the answer: How much will $BTC peak in the distant future? I will analyze based on personal opinion through the 3 scenarios stated in the 3 arrows as shown in the image: 1. Blue Arrow Scenario: I am using the pitchfan indicator for a long-term BTC chart showing the price path and possible BTC price target according to PLan A (what I call the green scenario). Accordingly, BTC will be able to reach the threshold of the Super Wave Cycle with a peak of $300-350k.
$ETH This time I mention ETH and along with the declining wave of BTC, there is a chance ETH will also shake off investors, returning to the base price of 2k2 where many buyers are making a profit. Do you agree with me?
$BTC Prepare for a potentially strong breakout this week The target price is aimed at the range of 85-86k and does not rule out the possibility of dropping to 80-81k
If you want to short sell, sell at the level of 90-90k3 or higher, with a stop loss of 1k at the price of 91500 maybe
The market seems to have broken $BTC BTC 90k confirmations short-term decline Currently shorting $CHESS let's see how it goes. The stop loss is positive, let it run.
At the press conference following the two-day policy meeting, Federal Reserve Chairman Jerome Powell issued a noteworthy warning.
He stated that the official employment figures released by the government may have "exaggerated" the level of job growth in recent months, with discrepancies potentially reaching up to 60,000 jobs per month.
Chairman Powell said: "We believe there has been an overestimation in the current numbers." Based on the Fed's internal estimates, the U.S. economy since April may not have created an additional 40,000 jobs per month as reported, but rather lost about 20,000 jobs per month, a significant gap in the context of an economy facing persistent inflation and signs of slowing growth.
The main issue lies in the statistical method used by the U.S. Bureau of Labor Statistics (BLS) to estimate employment related to newly established or closed businesses, known as the "birth-death" model. Due to difficulties in accessing newly formed or defunct companies, the BLS is compelled to rely on statistical models to "guess" the number of jobs created or lost from these changes.
The problem is that in recent years, this model has consistently "inflated" the scale of new jobs, leading to significant downward revisions afterward. Specifically this year, the slowdown in hiring increases the likelihood of distorted data. This could obscure the reality that the U.S. labor market is contracting, rather than expanding. $BTC
It's blue but has bears, the Green market but bears are present making investors $BTC restless. Have you given up yet?? Please leave your comments, stay calm, and keep buying $BTC
Another similar analysis indicates that there is a fullback to continue, pay attention to its recognition of correctness as a trend tool. My decision remains to HODL $btc
Share 1 tip for handling when holding an order instead of waiting for a preset DCA price, enter a short sell order to balance capital and optimize the value of the buy order to help with more proactive cash flow management. Note that you must truly have the ability to manage risk to do this.
If you want to wait for the downtrend, please refer to it, like the red line, so just refer to it, because it is very impractical right now, for the time being, we will have a race to around 100k
What others say is their business, I will always follow the plan I have set, $BTC BTC will exploit the advantages during the financial crisis.
Will it really come back again?? The model has been correct since $BTC at $28k up to $74k Is this time a continuation. Refer through rose and I accept it well.