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"#BTC's Path to $37,500 β³
This analysis outlines three scenarios aiming for the same goal. The surge from $16,000 to $21,000 in January was driven by Binance and Tether's #BTC purchases. The worst-case scenario, labeled as Scenario C, involves hitting a new bottom at $20,000.
thoroughly cleanse the downside liquidity pools. This cleansing sets the stage for a strong pump towards $37,500.
If BTC loses the daily EMA200, Scenario C becomes more likely, particularly when considering adverse inflation data, negative news about the debt ceiling, or