$BTC After the next correction that was expected, I expect further growth.
I'll explain why: autumn is a rather weak month for the market, every year. Plus there are elections in the USA. The reports of the tech sector are not bad, but not as investors expected. Plus the geopolitical situation has not calmed down yet. Investors do not know where to invest their $ money.
1. The tech sector is overbought, there is no point in raising it further. The bubble will burst sooner or later. Investors understand this perfectly well.
2. Medicine - there will be no 2 Covid. There is no point in betting here.
3. agro-industry - global warming. It is unlikely that good data will be given in spring and summer.
4. industry (production) - the consumption capacity of the population is falling, this is shown by the data.
In short, we will see a decline in economic data anyway. Everyone is expecting a rate cut right now. I think there will be a false rise in stocks at the beginning, but they will sell off in the end. Know one thing, the market will always fall when the Fed starts cutting interest rates. Don't think we will see another rally. The Fed needs to remove all liquidity and start selling off bonds.
But free money should not lie in cash. It needs to be invested somewhere. I think that investors will actively start buying $BTC since I don't see any alternatives for buying other securities. Thanks everyone! Subscribe, I'm waiting for comments and will be happy to answer.
