What will be the future trend of BTC? 10 real players say this!

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BTC has completed its halving. Once the much-anticipated event is over, the cryptocurrency market seems to have suddenly entered a “calm period”.

How will the market trend go in the future? We have compiled some analysis of KOLs on the Followin platform, which may be helpful to you.

Viewpoint 1: High probability of shock and adjustment

It’s Monday, let’s see what the paid group bosses predict about the upcoming market conditions.

Su He: The market will fluctuate for a while, and the 4h Bollinger Band will slowly narrow. We will observe the strength of the support when it falls back to the lower track after narrowing. There is a high probability that it will rise after the second to third confirmation.

Yu Ren: There is a high probability that adjustments will be the main feature of the market in the second half of this month, and the larger fluctuations will be ups and downs.

HBJ: This week overall, the recovery in the upward trend will take longer than people expect.

Killer Whale Club: #BTC #ETH showed no obvious signs of a breakout within a week, but ETH showed obvious signs of weakening.

Hu Zi: Range oscillation.

Coach Liu: BTC will completely break away from the US stock valuation range in the future.

Hongshen: Before the Ethereum exchange rate turns around, it is very risky to buy the dips the bottom of any Ethereum ecosystem, mainly Bitcoin B ecosystem and Sol ecosystem

Original link: Followin

Viewpoint 2: There are many potential positives and few negatives. The best time to invest in cryptocurrencies has come.

I believe market conditions are more favorable today than they were in early April for the following reasons:

1. For the most liquid, highest quality crypto assets, your entry price is 8-25% lower than at the beginning of the month. For many Altcoin, the discount is much larger, up to 40% in some cases.

2. Market expectations for rate cuts this year have been significantly reduced following the recent hawkish statements from the Fed. In fact, the market has now accepted the idea that rates may still rise, even though this is not the case at the moment. If economic/inflation data pulls back in the coming months, risk assets will rise as a result.

3. There is almost zero expectation that the SEC will approve an ETH spot ETF in May. If the SEC ends up approving an ETH spot ETF against market expectations, I think ETH could easily rise 50% in a few days, and all ETH derivative assets would follow. If this happens, it will probably be the most painful trade for most investors. On the other hand, if it is not approved, it will largely be a non-market event.

4. We are thankful that the conflict between Israel and Iran has not escalated. Both sides seem willing to temporarily cease fire. Although the situation is delicate and the risk of escalation is still possible, at least the market is now acutely aware of this risk and has priced it in to some extent.

5. Over the past 3 weeks, leverage has been cleared from the system after multiple rounds of liquidations. Therefore, the setup has been cleaned up and leverage will be reestablished in the coming weeks.

6. Crucially, despite the sharp market correction over the past few weeks, there have been no major breakouts. Large centralized exchanges have not collapsed. Most DeFi protocols are functioning normally. Even USDe, which has been likened to UST for its high yield, has not decoupled as some investors feared. Re-collateralization pools have also not experienced any problems. Part of the reason things are so good is that the sell-off was gradual and orderly, but it's good to know that there haven't been any breakouts.

Original link: https:// Followin.io/feed/9411141

Viewpoint 3: Rebound this week!

There should have been a decent rebound last week, but the Nasdaq fell for a week. It can only rebound this week.

Optimistically speaking, the BTC will definitely reach a new high in the first half of the year, about 80,000 or 90,000. Pessimistically speaking, it will only reach this high in the first half of the year, and it is estimated that it will not reach a high of 100,000 until the end of the year or even next year.

Think about it, BTC in the sky is just like that, it's not very interesting. In a bull market cycle, the most important thing is to find as much alpha as possible to earn some of other people's BTC, and try not to let others cheat you of your BTC.

Original link: Followin

Viewpoint 4: Altcoin have opportunities

1. The overall market was stable over the weekend and was in a narrow range of 1,000 points around 65,000. Due to the lack of major players involved in the weekend, the market liquidity was low and it was difficult to form a large volume. The inflow of off-market funds was about 900 million, which remained at a good level. Now we should pay special attention to the key point of 65,000. The attack and defense are still very strong. Only by standing firm at this position can the market enter the next round of market.

2. The weekend, especially the Altcoin, has seen an overall rebound. As mentioned in the previous analysis, once the market stabilizes, Altcoin are expected to rebound. Considering that Altcoin are currently positioned relatively low, there is still huge room for growth in the long run. After the weekend surge, altcoins will enter a short-term correction range. Therefore, it is reasonable to deploy some strong altcoins on dips.

3. The technology still cannot effectively break through the box. We should continue to fluctuate in the range of 61,000-65,000 and be prepared. There should not be much fluctuation before the US interest rate decision meeting in May. We can adopt a low-buy strategy.

Original link: Followin


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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