$BTC
Bitcoin entered a critical phase this week, as my fears of violent fluctuations that could plunge its price below $90,000 have intensified.
Since all currencies follow Bitcoin in their rises and falls, I am closely monitoring the upcoming U.S. economic data, as it could be crucial in determining the next direction...
Although I saw Bitcoin close strongly above the $93,500 level last week, I cannot ignore the warnings from analysts who predict an imminent correction that may retest critical support levels...
On the other hand, there is another side of my thinking that contemplates optimistic forecasts, as some investors bet on a historic rise that could push the currency to $180,000 within 18 months. This vision is based on the probabilities of interest rate cuts and increased liquidity in the markets.
The markets are swirling between greed and fear, and I find myself in a state of intense anticipation for what the coming days will reveal...