Btc will increase in price according to various forecasts, but not to continue rising towards new highs, both on the daily and weekly charts we are still in a clear downward trend.
For me new institutions are still missing, and the number of weak hands has decreased, in this way the whales plan to raise the price to create FOMO and attract new investors, and then fall into the hands of the cruel market. We are still on a weekly bounce and institutions will want to buy at lower prices, and the price of Btc for me will go down at any moment, whether it be Russia, China, NATO or some environmental crap.
Be patient and practice shorting a little in the 46k - 48k - 49k
Always DCA gentlemen and do not go overboard with the leverage
For me new institutions are still missing, and the number of weak hands has decreased, in this way the whales plan to raise the price to create FOMO and attract new investors, and then fall into the hands of the cruel market. We are still on a weekly bounce and institutions will want to buy at lower prices, and the price of Btc for me will go down at any moment, whether it be Russia, China, NATO or some environmental crap.
Be patient and practice shorting a little in the 46k - 48k - 49k
Always DCA gentlemen and do not go overboard with the leverage