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Bitcoin's Nervous Waiting Game

时间:2024-05-03|浏览:288

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Nervous wait in Bitcoin: Never miss these levels!

Bitcoin, which started to lose value after completing the halving, created panic among investors by dropping a needle to $ 56,622. Factors such as Halving not having the expected effect, FED's tight interest policy, and large outflows in spot BTC ETFs naturally hurt the BTC price.

Bitcoin, which went into a downward trend after seeing ATH, was subject to heavy sales after losing the $ 63,000 - $ 62,000 range. Negative data from Spot ETF BTCs, investors' panic selling and the continuation of geopolitical tension naturally dragged the market to lower levels.

Bitcoin, which changed hands at $57,814 as of the writing of the news, may want to target the upper levels if there is a decrease in FED interest rates, the halving enthusiasm begins or the geopolitical chaos subsides. In such a scenario, increases towards 59.009 – 60.722 – 62.100 – 63.000 – 64.534 – 67.091 – 71.289 and 73.684 dollars can be followed, respectively. However, if the current process continues, the decline will be inevitable. In such a scenario, there may be decreases to 56,622 - 52,898 - 50,580 and 47,755 dollars, respectively.

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