🍿 The chart #BTCUSDT illustrates one of the scenarios for how the first half of June may unfold.
A lot will be determined today with the opening of the American market. It is very likely that there will be a downward movement at the opening as a reaction to the latest round of tariffs announced by Trump on Friday after the markets closed.
🕯 After that, we will need to "keep our fingers crossed" for market players to show their strength and hold and buy the dip - saying: we are tired of trembling from every nonsensical statement by Trump.
💰 If the price $BTC is maintained above $103k, there will be a chance that it will be "squeezed" in a consolidation around $103-110k. The market needs to digest and redistribute the results of the two-month price growth of #BTCUSD from $75k to $112k.
Considering the position of the BTC.D and USDT.D indices, there is a chance that "a little" capital will flow into altcoins and they may shoot up a bit.
⁉️ Probably, the safest approach will be to monitor altcoins and only buy those that have started a significant upward movement.
What do you think?