Major upheaval in the cryptocurrency world! Bitcoin may plummet near 86000, a deadly trap before the main upward wave?

Brothers, there’s going to be a big movement in the Bitcoin market soon! The main upward wave seems just around the corner, but before that, there will be a thrilling deep drop, and it may even break new lows, so everyone must be prepared for risk prevention!

Currently, if Bitcoin breaks 84300, it is highly likely to rush towards 86000. However, once it reaches this price level, it is likely to go sideways for a few days before entering a downward trend. This is not an ordinary correction, but rather the last significant drop before the main upward wave arrives, mainly for the following reasons:

• Market cleansing under the expectation of the Federal Reserve's interest rate cut: The Fed's interest rate cut in June has basically become a foregone conclusion, and before that, there will definitely be some market movements. But currently, there are too many people holding positions in the market, and the main force cannot directly pull the market up from this position; a deep cleansing must take place. Moreover, this cleansing will be harsher than last time, and it is highly likely to break previous lows. Only by cleaning up the unstable chips in the market can the subsequent upward pull be easier.

• Timing for a spike: Although Bitcoin previously broke new lows to around 74000, there has been no spike. The reason is simple; the main upward wave is not ready to start. The correction after reaching 86000 will be an excellent spike opportunity. Once a spike occurs, market panic will be amplified, forcing many investors to stop loss and exit the market.

• The connection between Trump's policies and market conditions: Trump's tariff policies aim to encourage the Federal Reserve to cut interest rates, and this goal has basically been achieved, leading to a relaxation of policies. Thus, tariffs are merely a means, while interest rate cuts are the real goal. As long as Trump doesn’t stir up trouble, altcoins are likely to experience a significant market movement within the next month, so everyone can continue to pay attention.