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Whether it will continue to be bearish or bullish, I believe it will reach the ATH again, but that will take time and cannot be predicted.$BTC
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BlackRock CEO Larry Fink called $BTC a "fear asset" because it's bought as a hedge against economic and geopolitical uncertainty and currency depreciation. He explained that Bitcoin differs from traditional investment instruments because it's bought based on fear. Despite this, BlackRock manages the world's largest Bitcoin ETF. Fink highlighted Bitcoin's appeal because of its limited supply, unlike fiat currencies that can be printed by governments. He also mentioned that sovereign wealth funds are starting to buy Bitcoin as a hedge. However, Fink cautioned about Bitcoin's volatility and the r
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$BTC Price Prediction: Some analysts predict that Bitcoin could reach higher levels in the future, with some predicting it could reach $170,000 or even $1 million 5.
Current Price Level: Bitcoin is currently trading above $100,000 2.
Technical Analysis: Technical indicators suggest a possible bullish trend in the near term, which could push Bitcoin towards the $100,000 level 4.
Correction Target: Some analysis suggests that the correction target is around $98,000, while the bullish key is above $107,200 towards $110,000 6.
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1. Hard Work and Effort:
Success does not come without effort.
Successful traders realize that they must continue to learn and develop themselves. 1
- Perseverance and hard work are the keys to achieving the desired target.
1
2. Mental Preparation:
- Before starting trading, it is important to have a stable and neutral mental state. 2
- Avoid trading when you are angry, tired, or stressed. 2
3. Discipline and Consistency:
- Trading is not about speed, but about consistency and [Stop]
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GateUser-a26fe737vip:
Bull Run 🐂
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The #الفيدرالي Reserve has officially ended the quantitative tightening policy, and liquidity has already started flowing into the system.
Just hours after announcing the end of the quantitative tightening policy, the Federal Reserve injected $13.5 billion into American banks through overnight repurchase agreements. This represents the second largest liquidity injection since the COVID crisis and is larger than any inflow seen during the dot-com bubble.
#FOMCWatch #BTC86kJPShock #BitcoinSPACDeal #ETHBreaksATH
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$BTC will be 95 this week ‌
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