$BTC
In 2 months, will BTC rise? Will BTC adjust?
I think BTC won't have a deep adjustment! With the M frame indicators, BTC will still grow next month. In 2 months, BTC has grown by 27%, so there's a high chance that June can still see further growth. However, gaming, NFT, and meme altcoins will be severely drained. This time, the short side's liquidation below 145k is a bit tough; DCA and pump more! Some of you read the chart and guessed BTC would go to 65k when posted here. MM holds everything; the bottom could have a number, but the peak is unpredictable! Some of you apply the RSI index to short, which is not wrong, but there are a lot of scams up here. It's crazy; it holds 92-98 on the weekly frame, unlike stocks! Recently, I posted that BTC is accumulating, meaning the bulls will push the price up high. Now long-term investors have withdrawn some BTC from the CEX exchanges! The author of 'Rich Dad Poor Dad' predicts the spot price of BTC will be 250-280 in this cycle, which is not without basis! In the past, MM lured people to the top to cash out for liquidity; now that liquidity is abundant, they won't cash out much.
If the central bank accepts it like buying and selling SJC gold bars, it will pump the roof!
