Trump gave the market to the market; Where is Bitcoin’s next goal?

Study time: 2 Minutes

While the Ramsar market is overwhelmingly, analysts believe that delay in commercial tariffs by the Trump administration could be a signal for Bitcoin price growth (BTC).

According to Ted Piluz Market Analyst, Bitcoin charts with the volume of liquidity in the Financial System (BTC/M2) are now in the final stages of the Vikaf accumulation pattern. This pattern usually reflects the period when large buyers will slowly purchase the desired asset before the price increases.

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According to this analysis, the Bitcoin accumulation range is between $ 1.5 and $ 1.5 and the final target is close to $ 1.5. The recent decline in prices and then rapid growth in the spring phase in the Vikaf pattern, which usually occurs before a powerful ascending trend began.

Meanwhile, another analyst, Trading Shot, has also mentioned the formation of a golden intersection in the four -hour BTC chart, and has seen similarities between the current trend and the May climb. If this repeated pattern continues, Bitcoin can reach $ 1.5 at Fibonacci level.

However, everything is tied to the economic policies of the weeks. Trump’s delay in tariffs until August 1 will give markets a chance to breathe and may reinforce investment in risky assets such as Ramsar.

Source

Feyen Bold