🔥 Bitcoin Under Pressure: Decline or Chance for Growth?
💥 BRN Analyst Valentin Fournier believes that Bitcoin may continue to decline. Reasons?
— High Federal Reserve rate and almost zero probability of a decrease.
— Geopolitical instability: the conflict between Israel and Iran is escalating.
📉 There is already a noticeable outflow of funds from spot ETFs, and the market is anxiously awaiting the Federal Reserve meeting on June 18. Any strictness in the wording — and we will see new declines.
But not everything is so grim. 21Shares expects positivity in Q3:
📈 A rate decrease (even if later), activity from venture funds, and improvement in the macroeconomy could give the market a powerful upward impulse.
⚖️ Bullish or bearish trend — will be decided in the coming weeks. In the meantime — we keep our finger on the pulse.
👇 What do you think? Are we waiting for a crash or preparing for a rebound?