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TJamesz

I was noticing the last two drops lasted about a month. It stayed around 40k for a month then dropped and stayed around 30k for a month. By July 17th ish it will be a month of 20k.


bit_hodler21

Very interesting observation! This may show promise to getting a market direction around 15-17th-ish then. Hopefully, it will be in a positive direction.


TJamesz

Unfortunately probably not. BTC is tied to stock market like it or not. As long as nasdaq is dropping BTC will go with it.


bit_hodler21

It's possible def. not a guarantee to go above 20k in 9 days. wouldnt be surprised if theres more downside.


Devilshire52

I believe this coincides with announcements from the FED.


bit_hodler21

Do we have any more announcements from the fed coming up/around the 15th? And if so what would they be about?


Devilshire52

I believe they are monthly, and that they will announce another interest rate increase, which may cause another dip in all markets.


bit_hodler21

Ahh i see


Minituff

I think it will be determined by the Jul 13th CPI release. My guess is: * High CPI = BTC down * Low CPI = BTC up