Companies are Gathering, Small Investors are Waiting
Last week, Blackrock, Micro Strategy, and Grayscale announced their BTC purchases. With their impact, the market became active.
The crypto world is focused on two points; the FED's interest rate decision and the economic war with China.
While China and the USA are having high-level meetings behind closed doors, they are clashing in front of cameras.
Ultimately, a decision will be made. We understand this from Trump's exemption of electronic parts from customs tariffs.
The FED, however, is a mystery. What will the resigning Powell do? It's hard to predict, but the market seems to have priced in an interest rate cut.
If whales and companies continue to buy from Monday onwards and, as we mentioned earlier, if BTC doesn't drop below 90K, we will be on the way to 150K.
Small investors are indecisive, but large companies continue to accumulate assets. They won't let their investors incur losses. Don't forget that. While they are accumulating, make sure you are not left out...