$BTC Advice for those who want to invest: Do not enter it now. The buying opportunity is at the price of $80,000 for the adventurous, and it is preferable to buy when rebounding from the support at $74,000. As for now, it is only for speculation because the correction may break through many bottoms. Its first support is $98,000, which is weak support that can be easily breached. The second support is $80,000, and it may test its true support at $74,000. However, if this support is broken, it may reach the support at $50,000, which will only happen if the Federal Reserve does not lower interest rates in September. If interest rates are raised, it may drop to $39,000. Some may see these targets as exaggerated, but in the crypto world, anything is possible. Indeed, no matter how much it falls, it may rise to new peaks because some analysts expect it to reach $250,000 before the end of 2025, and others expect it to reach a million before 2030. However, the opposite may happen if economic conflicts between major powers continue.
So $BTC is now the queen of currencies as a whole, but it may............and.........and.......