Hello traders. Hello traders. Bitcoin is up 34% year-to-date, more than 6 times, beating the returns of the S&P500. It is not stopped by higher yields or a fundamental change in expectations regarding the Fed's policy easing in 2024. These dropped by almost half in 2 months. Meanwhile, the price is undaunted by the supply north. To finally say hello to the record USD 69,000 from November 2021, and maybe even higher, reaching new ATH before the halving
Short-term investors (STH) see gains of over 30% on average. A lot will depend on their behavior in the near future. We see large ETF purchases as a tail risk to the current rally. Since January 11, 2024, they have purchased BTC worth over USD 6.1 billion.
In the scenario of correction in traditional markets (Wall Street), many funds will take profits. It converted BTC deposited in ETF funds into dollars. In such a situation, the BTC price may drop before April 2024. Perhaps to $45,000, from where Bitcoin could move up again after the halving.
The situation is developing
Regards
Short-term investors (STH) see gains of over 30% on average. A lot will depend on their behavior in the near future. We see large ETF purchases as a tail risk to the current rally. Since January 11, 2024, they have purchased BTC worth over USD 6.1 billion.
In the scenario of correction in traditional markets (Wall Street), many funds will take profits. It converted BTC deposited in ETF funds into dollars. In such a situation, the BTC price may drop before April 2024. Perhaps to $45,000, from where Bitcoin could move up again after the halving.
The situation is developing
Regards
註釋
We should soon see the peak of April 14, 2021 at 64.8k註釋
probable correction to 68k at the beginning註釋
80k+ at horizont免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。