This is approximately the roadmap we have "imagined" for the coming weeks for the movement of the 
BTC price:
1️⃣ The most optimistic scenario is that the
BTCUSDT price stays above $76100 - 77100, which means that the “bottom” has finally been found, and we can organize at least a rebound to $94k.
2️⃣ Not a pleasant scenario, but not the worst either, is another update of the local lows of #Bitcoin to $71100 and from there a rebound to the above-mentioned $76100-77100 zone, where we will have to "looking out" again: where to go next...
3️⃣ The most pessimistic, and maybe the most realistic scenario in times of total uncertainty, when it is not clear what the "rusty can" will wake up with in. ✊
All market participants will delay their "buying" decisions as much as possible until it becomes clear whether the Fed will cut the rate or not. The next FOMC meeting is on 07.05.25.
To understand what will happen to altcoins during this time, you need to at least monitor and analyze the #BTC.D and #USDT.D indicators, which we do daily in our reviews in...
✍️ It is your right, if not your duty, to follow this plan or make your own adjustments!)
And we will be happy to read and see your charts, with your forecasts for the near future in the comments below the idea.
BTC price:1️⃣ The most optimistic scenario is that the
BTCUSDT price stays above $76100 - 77100, which means that the “bottom” has finally been found, and we can organize at least a rebound to $94k.2️⃣ Not a pleasant scenario, but not the worst either, is another update of the local lows of #Bitcoin to $71100 and from there a rebound to the above-mentioned $76100-77100 zone, where we will have to "looking out" again: where to go next...
3️⃣ The most pessimistic, and maybe the most realistic scenario in times of total uncertainty, when it is not clear what the "rusty can" will wake up with in. ✊
All market participants will delay their "buying" decisions as much as possible until it becomes clear whether the Fed will cut the rate or not. The next FOMC meeting is on 07.05.25.
To understand what will happen to altcoins during this time, you need to at least monitor and analyze the #BTC.D and #USDT.D indicators, which we do daily in our reviews in...
✍️ It is your right, if not your duty, to follow this plan or make your own adjustments!)
And we will be happy to read and see your charts, with your forecasts for the near future in the comments below the idea.
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Related publications
Disclaimer
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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.