⚠️BTC teeters on the edge
BTC has again formed a top consolidation range. If the daily K line breaks below 76000 decisively, then the rebound is over and we will enter the latter half of the bear market 📉
Japan will hike rates in June, Korea in August, the ECB will deliver its second rate hike within the year, and it has also raised its full-year inflation forecast. The U.S. still has three more Fed meetings: September, October, and December. The probability of a September rate hike is as high as 75%. With this kind of liquidity backdrop, do you think BTC can—on its own—pull off another bull run? Go back to sleep 😅
$BTC
BTC has again formed a top consolidation range. If the daily K line breaks below 76000 decisively, then the rebound is over and we will enter the latter half of the bear market 📉
Japan will hike rates in June, Korea in August, the ECB will deliver its second rate hike within the year, and it has also raised its full-year inflation forecast. The U.S. still has three more Fed meetings: September, October, and December. The probability of a September rate hike is as high as 75%. With this kind of liquidity backdrop, do you think BTC can—on its own—pull off another bull run? Go back to sleep 😅
$BTC
