I read, thought, analyzed — the main question was why $BTC didn't drop to at least 70, but now everything has come together. On Friday, they are holding a crypto summit at the White House (!) which means it's simply not profitable to drop it to the point where no one has faith in cryptocurrency anymore.
Therefore, if we can still expect growth on expectations this week, afterwards — rather a decline.
Remember how the market was stormy during Trump's speech before the inauguration? Perhaps this was a prelude. In conditions of overall negativity, any (!) additional statement from Trump will trigger a new Friday dump — especially since this is already becoming a tradition.
Outflows of money, lack of positivity, and more importantly, lack of reaction to positive news when it appears, along with the overall downward trend, provide a clear picture.
I think we will soon see a real bloodbath, followed by a long recovery until autumn.
Therefore, if we can still expect growth on expectations this week, afterwards — rather a decline.
Remember how the market was stormy during Trump's speech before the inauguration? Perhaps this was a prelude. In conditions of overall negativity, any (!) additional statement from Trump will trigger a new Friday dump — especially since this is already becoming a tradition.
Outflows of money, lack of positivity, and more importantly, lack of reaction to positive news when it appears, along with the overall downward trend, provide a clear picture.
I think we will soon see a real bloodbath, followed by a long recovery until autumn.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
94,963.51
+0.02%
