$BTC
The trend of Bitcoin continues to fluctuate upward today, once exceeding 64,000. We originally expected that 63,500 may have a correction, but we have not yet given the opportunity. In this case, let’s talk about the next market trend~
🌟My prediction:
1. In the past two days, Ether has rebounded after being weak for several months, and the increase has been stronger than that of Bitcoin. However, in my personal opinion, ⚠️Ether must break through the downward trend line to be the engine of this bull market (from the first picture) It can be seen from the picture that the breakthrough position is likely to fall between 2550-2800), and the waiting time may be about 1 month.
2. From the second picture, it can be seen that Bitcoin has broken through the downward trend line at the daily level. Therefore, it has still risen in the past two days without a correction. However, during this wave of rise, the increase of Ether cannot be stronger than that of Bitcoin. currency! ️Therefore, from my first point of explanation, I expect that if the increase of Ether in the past two days continues to be higher than that of Bitcoin, that will be very! Very! Very! There is a high probability that there will be a deeper correction, possibly to around 60,000‼ ️
Therefore, following my friends, the position should be short after 63000. Please remain patient!
🌟Prediction of macro interest rate cut (not related to Bitcoin price trend)
Let me tell you my opinion. It may be a prediction that you have never seen in the news before and after the interest rate cut. My prediction is that there will be no further interest rate cuts this year. Perhaps many people will laugh at me when they see this.
But what we can still expect is that this 50 basis point interest rate cut is used to soft-land the economy, and the U.S. economy is actually better than the economic recession that many people questioned after the 50 basis point interest rate cut, and this will also push up U.S. stocks continue to be strong.
