🚨💰 Bitcoin's Next Move: $94K or $114K? 💰🚨
Bitcoiners are divided on what's next for BTC, with a recent poll showing a near-even split between those expecting a drop to $94,000 (50.2%) and those predicting a rise to $114,000 (49.8%). Over 1,300 votes were cast in the poll.
Current Market Sentiment:
👉 Bitcoin is trading at $104,522, with a potential 10% decline to $94,000 or a 9% gain to $114,000.
👉 The Crypto Fear & Greed Index has flipped to "Neutral" with a score of 54 out of 100.
👉 Broader financial markets, including the S&P 500, are trading flat.
Analyst Predictions:
👉Michael Saylor: Believes the bear market won't return for Bitcoin.
👉 Rekt Capital: Predicts a bear market after this bull run.
👉 Arthur Hayes: Expects Bitcoin to reach $250,000 by the end of the year.
👉 Other Analysts: Some predict Bitcoin will trade within the $130,000-$135,000 range in Q3.
Market Trends:
👉👉US-based spot Bitcoin exchange-traded funds have seen eight consecutive days of inflows, with $388.3 million added on Wednesday.
👉 Shares in Michael Saylor's Strategy (MSTR) have dropped 2.43% over the past five trading days and 10.74% over the past 30 days.
What's your take on Bitcoin's next move? 🤔👇
