Bitcoin and correction
2025-02-02
Category: None

I still consider the 85K scenario likely because this price increase has been very weak and low-volume in the spot market. However, unlike some others, I see this correction as a buying opportunity. In my opinion, the market sentiment will be pushed so negative that few will dare to buy.
As for altcoins, dominance is unlikely to decline. Based on the news and information available so far, I believe that until QE (Quantitative Easing) occurs in the U.S. economy, there is little hope for altcoins.
I'll also share another chart that better illustrates the relationship between U.S. economic policies and altcoin growth.