BTC’s possible next trend scenario
1. Adjustments after touching high levels: After BTC hit $70,000, it was difficult to continue to rise due to insufficient support from market sentiment. If it is forcibly raised, the banker's cost will be too high.
2. Strategic correction: BTC is expected to correct first by about 10%, forcing some investors to leave the market. Then, wait for the "sweet spot" of expectations for a rate cut in September.
3. Rise when the time is right: Once the time is right, BTC will see a significant rise, breaking through new highs and climbing all the way to US$80,000-90,000. The year-end altcoin season could usher in a surge in sentiment.
4. The pullback and rise in August: BTC will surely pull back to a certain position before rising in August. If the correction is too deep, it will be difficult to continue, but the increase from 60,000 to 80,000-90,000 is also an increase of more than 30%.
5. Deep retracement in October: There is a high probability that BTC will experience a deep retracement in October.
6. Continued rise in November and December: BTC will continue to rise in November and December, maintaining the bull market trend. The more anxious the election results are, the stronger the signal for gains in these two months may be.
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