For more than 6 months in crypto coins We have seen continuous decreases and we are far from the rise that have been longed for years. As of 2022, crypto currencies could not live a full summer and we have reached almost the middle of May. Although good news has come late, the risk appetite of crypto currency investors is increasing again and more is possible.
Crypto Money Rise
Bitcoin (BTC) $104,470.79 It finds buyers for $ 103 thousand and the process related to tariffs does not progress predictable. We are in the midst of something both good and badly unpredictable. Trump says that we don’t have to agree with China days ago, when he says he can meet with Xi at the weekend today. Chinese taxes fall mutually and the 90 -day negotiation process is being initiated.
On the other hand, while the bargaining continues with 200 countries, Trump said that it will prevent the cost of living by decreasing drug prices up to 90 %today. Petroleum decline supported inflation and progress towards 2 %target in inflation with weakening of negativity related to tariffs may continue.
But there is a problem. As of mid -May, sell and vacation begins. We have seen that the decreases that started in these months many times continued until July and August. Although there is a lot of reason for the rise in the markets, there is enough material for the story of a decline that will make such a wave of sales meaningful. We’il live and see this.
Good news is that BTC As long as it is at six -digit levels, we should not see sharp decreases in subcoins. The emotions of investors wrote the following in their healthy and TKL today’s evaluation;
“When the US customs duties on China last was so high, S&P 500 ~ 200 points lower, 4 Fed interest rate reductions were expected in 2025 and Wall Street was calling recession.
Sensitivity is everything. “
Bitcoin (BTC)
Mikybull, who writes the most promising things about the rise BTC He says we can see the correction of 93 thousand dollars. It attributes this to the test of previously unsuccessful tests and one of the important sales zones. Indeed, the BTC could not achieve permanence over 104 thousand dollars and fell below 103 thousand dollars after the latest statements. For now, 103 thousand dollars to protect the concern, although there is no place in the possible correction I said I said.
Scott Melker Bitcoin He drew attention to the stable decrease in market domination and mentioned that Altcoin investors could have a better day for a while. In particular, going below 60.3 %can provide acceleration of the rise.
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.