🚨 **$BTC & $ETH face 47% tax in Australia – Pack your bags or stay? 🤔**
Even with a looming 47% crypto tax, the Aussie market might turn into a high‑yield niche for traders who can navigate the new regime.
Bull case: $BTC trades around $75,080 and $ETH near $2,127, while the Fear & Greed Index sits at 32 (Fear). A tax‑driven sell‑off could thin order books, creating sharp entry points for long‑term holders.
Bear case: The 47% levy could push casual investors out, slashing volume and driving $BTC/$ETH down below $73k and $2,050 respectively, feeding a broader market dip.
• 📈 Upside target: $BTC $78.5k, $ETH $2,200 if volume rebounds.
• 📉 Breakdown risk: $BTC $71k, $ETH $1,950 on sustained outflows.
• 🎯 Risk‑reward: ~1.5× on long entries vs ~1.2× on shorts.
Bullish or bearish from here? Drop your vote below 👇
$BTC $ETH #Crypto #Tax #Australia
Even with a looming 47% crypto tax, the Aussie market might turn into a high‑yield niche for traders who can navigate the new regime.
Bull case: $BTC trades around $75,080 and $ETH near $2,127, while the Fear & Greed Index sits at 32 (Fear). A tax‑driven sell‑off could thin order books, creating sharp entry points for long‑term holders.
Bear case: The 47% levy could push casual investors out, slashing volume and driving $BTC/$ETH down below $73k and $2,050 respectively, feeding a broader market dip.
• 📈 Upside target: $BTC $78.5k, $ETH $2,200 if volume rebounds.
• 📉 Breakdown risk: $BTC $71k, $ETH $1,950 on sustained outflows.
• 🎯 Risk‑reward: ~1.5× on long entries vs ~1.2× on shorts.
Bullish or bearish from here? Drop your vote below 👇
$BTC $ETH #Crypto #Tax #Australia
