$BTC $ETH The BTC monthly chart touches the middle band of the BB band, BTC may bounce up but the downtrend is clearly beginning as the MACD cuts down for the first time after a long period of increase. The next target could be 50k?! With the increasingly strong AI trend, BTC and ETH will only have collectible value while USDT and USDC are becoming popular and widely used; one strengthens while the other weakens. BTC and ETH have collectible value for play, then the value will fluctuate; at some point, when the play becomes boring, it will return to the original price. It is not excluded that the price zone of 120k just now is the all-time high of BTC. When large investors start to sell off BTC and ETH to salvage their assets, the price drop will be very catastrophic.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC $ETH The BTC monthly chart touches the middle band of the BB band, BTC may bounce up but the downtrend is clearly beginning as the MACD cuts down for the first time after a long period of increase. The next target could be 50k?! With the increasingly strong AI trend, BTC and ETH will only have collectible value while USDT and USDC are becoming popular and widely used; one strengthens while the other weakens. BTC and ETH have collectible value for play, then the value will fluctuate; at some point, when the play becomes boring, it will return to the original price. It is not excluded that the price zone of 120k just now is the all-time high of BTC. When large investors start to sell off BTC and ETH to salvage their assets, the price drop will be very catastrophic.