We saw a market recovery after the pause in Trump’s tariffs, but the market has yet to see a major catalyst to truly take off.
China and the U.S. still haven’t reached an agreement regarding tariffs — if negotiations progress, that could serve as another catalyst.
More importantly, the FED is prepared to inject liquidity into the market if necessary, and may potentially lower interest rates due to recent developments.
Injecting liquidity into the market tends to drive investors to seek to preserve their wealth in more decentralized and stable assets.
These are forecasts based on current economic conditions, which are subject to change. If such measures do occur, they could be a major catalyst for the market and push prices to new highs.
We hit a very strong support level for BTC at $76K and saw a rebound toward the 200-day moving averages, which still act as a strong resistance.
If we manage to break out of this descending trendline/downward channel, we could see a rally toward the range where we moved sideways for over 100 days — between $93K and $108K. This would likely trigger a significant price surge.
For now, we're still in a state of uncertainty, held hostage by both Trump and the FED.
Manage your capital carefully — avoid leverage during times of market indecision.
Any tweet or news release can move the market sharply up or down, and if it drops, your positions shouldn't take you out of the game.
RISK MANAGEMENT IS EVERYTHING!
China and the U.S. still haven’t reached an agreement regarding tariffs — if negotiations progress, that could serve as another catalyst.
More importantly, the FED is prepared to inject liquidity into the market if necessary, and may potentially lower interest rates due to recent developments.
Injecting liquidity into the market tends to drive investors to seek to preserve their wealth in more decentralized and stable assets.
These are forecasts based on current economic conditions, which are subject to change. If such measures do occur, they could be a major catalyst for the market and push prices to new highs.
We hit a very strong support level for BTC at $76K and saw a rebound toward the 200-day moving averages, which still act as a strong resistance.
If we manage to break out of this descending trendline/downward channel, we could see a rally toward the range where we moved sideways for over 100 days — between $93K and $108K. This would likely trigger a significant price surge.
For now, we're still in a state of uncertainty, held hostage by both Trump and the FED.
Manage your capital carefully — avoid leverage during times of market indecision.
Any tweet or news release can move the market sharply up or down, and if it drops, your positions shouldn't take you out of the game.
RISK MANAGEMENT IS EVERYTHING!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.