Peace be upon you and welcome from wherever you are reading this post
Let me tell you these issues so that you know the market trend and have a general idea and a deep understanding of the events
To do this, you have to answer the following questions
1 - What do you expect for the coming period
Rise or fall
Okay, let's discuss your answer, either a sharp decline and wholesale sales and the 2021 scenario is repeated, BTC reaches $ 52k or even $ 39K and an unprecedented bloodbath occurs and hundreds of billions are liquidated, as for futures contracts, there is no harm in talking
Okay, let's explore why you think this is the trend?
Simply tell me that history bears witness to everything you said. In 2021, BTC reached its peak of $69,750, and people began to see a glimmer of hope and looked impatiently at $100,000, only for the unexpected to happen and Bitcoin to fall. The same thing now, BTC reached $109,000 as a peak, and people are looking at $120,000 and $150,000, and I think that the market will reflect everyone’s expectations and what happened will happen. (End point) Thank you for your convincing argument
Let me answer it now
What you said is possible and the market is not without surprises, but I do not have to tell you about the Trump administration and its support for currencies and Elon, and I do not have to tell you about the institutions BLACKROCK and MicroStrategy and other institutions. These institutions are not looking to make $ 100 or even convert $ 100 to $ 10k, these are looking at the long term
The gap that was in 2021 is no longer open
I am not allowed to write more