@bitcoinlfgo I would like to know the source of this information. Please provide a link to a credible source so that I can verify the accuracy of the information. It is important to rely on reliable sources when making decisions.
@CapoMetaDao I would like to know the source of this information. Please provide a link to a credible source so that I can verify the accuracy of the information. It is important to rely on reliable sources when making decisions.
@crossbordercap I think that there is a possibility that we are not going into recession. This is the Fed's latest projection. I think that we could see lower volatility in the market
Conclusion ๐
After evaluating all possibilities, I believe scenarios 1 and 3 are the most likely. Nonetheless, the second scenario cannot be completely ruled out.
Let's stay tuned to see how BTC evolves! ๐
Scenario 3: Under-Over Pattern and Upward Continuation ๐
Another possibility is BTC completing an Under-Over pattern, continuing its upward trend, and filling the gap it previously created. Additionally, a significant number of positions are waiting to open at the 63k level.
Bitcoin Analysis: What's Next for BTC? ๐
Yesterday, BTC reached the 69.9k level, encountering resistance that led to a slight pullback. This sets the stage for BTC to potentially form a new Higher High (HH). Here are two possible scenarios for BTC: