Currently, the price of BTC has fallen below the MA50 and MA200 12h, which essentially indicates bearish dominance. In fact, the price is currently trading within a wide range of 25-30k.
Personally, my sentiment is still bullish. I anticipate growth in the coming months and an exit from the current range, with new local highs. After that, a strong correction is likely before or during the halving event, after which a true bull market is expected.
The bull market is expected to arrive when the US resumes money printing, lowers interest rates, and approves Bitcoin ETFs. This could all happen as soon as next year...
Personally, my sentiment is still bullish. I anticipate growth in the coming months and an exit from the current range, with new local highs. After that, a strong correction is likely before or during the halving event, after which a true bull market is expected.
The bull market is expected to arrive when the US resumes money printing, lowers interest rates, and approves Bitcoin ETFs. This could all happen as soon as next year...
