Greek.live: The community generally holds a bearish sentiment, with Bitcoin's downside target extending to $40,000.

robot
Abstract generation in progress

Odaily News Greek.live macro researcher Adam released an English community briefing, pointing out that the community generally holds bearish sentiment, with most traders expecting a price drop in the coming weeks, mainly influenced by macro concerns centered around Trump's tariffs. Key price monitoring levels for Bitcoin include $80,000 as immediate support level, with bearish targets extending to $40,000, while only a few isolated bullish voices believe it could reach $100,000 within a few months. Traders believe that the tariffs have destroyed market trust, and even if tariffs are lowered before the April 9 deadline, the damage to trade relations has already been done.

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)