Hello everyone today April 12, 2024
⭐️After information about CPI and PPI, and the CME index, it shows that from now until the end of the year, the ratio of no interest rate cuts compared to 3 interest rate cuts this year from the FED is almost equal. Therefore, I predict that within the next 3-6 months, the FED will not reduce interest rates and the market will adjust to the short-term winter. This period will be very depressing. This is a good period to collect the last accumulated goods before the strong increase season at the end of this year.
⭐️Regarding $BTC , if there is no more money from Mint, I predict BTC will increase to 72k-75k, forming a 2-peak model and begin to gradually decrease to about 52k-60k.
Bitcoin halving is coming, historically there will always be adjustments around the halving mark and don't forget "Sell in May and go away" is a famous adage of the general financial market. So I think at this stage everyone should start locking in 30-50% of their coins to USDT and wait. If you decide to hold long-term coins, you should keep them. If you buy coins from the beginning of this year, if the entry is not good, you should lock them down to wait for adjustments and then collect more (if you still have money, you still have a chance).
👉This is my opinion for your reference only.
Goodluck everyone <3