Already BTC price He finds buyers for $ 99.260 and ETH returned to the threshold of $ 2,000. Today, AI executives have congress statements and it was announced that Trump would remove the chip restriction. The negativity of the Fed formed the basis of the rise. However, Scott draws attention to the risk of decrease.
Bitcoin may fall
Chinese The news increased the appetite in the markets and prepared the ground for rise. However, the latest statements from the Fed have led to downward revisions in expectations that there may be 3 or less interest rate reductions this year. Powell He is worried about inflation and thinks that employment is strong. He also made it clear that they will avoid the interest rate reduction for a while.
Worse, the tariff agreement, which is expected to be signed with England today, does not eliminate 10 %customs duties. All of this finds a place among many reasons that can be listed in a possible decline.
Scott Melker said that after the previous rise estimate, it could now return to $ 88,000.
“This is the key level. If this resistance area is broken (basically up to $ 100 thousand, because the lines are more“ regions ”), then it is trouble -free to return to the highest level of all time.
It would be completely good to take a breath here. Return to 88K will have a solid purchase opportunity. ”
Crypto currency Scott may not be justified this time in such an environment where investors have taken “breath” for nearly 6 months.
Ethereum Forecasts
With the big network update, the ETH limit was withdrawn for Stake. Thus, ETF exporters will be able to share income by making stakes with customer assets more easily. However, before that, the SEC has to give official permission to the change in ETF structure.
Phoenix says that we have come to the end of these boring days after a long -standing decline. If ETH progresses on the route he draws, Altcoin investors may laugh after a long break.
“Current Eth I don’t need to tell you how important your closing will be, right? It can end a decline trend that lasts more than 150 days. All the subcoins we have accumulated will come to life again. The closing of $ 1,905 per day is very important. ”
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
