BlankZ

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Will BTC break through 69k and move up to 72k, then continue up to the all-time high (ath)? When do you think it will reach that point? I’m asking about this.

In the past week, market sentiment has been dominated by concerns over recession and geopolitics. Global stock indices weakened, while the US Dollar strengthened and commodity prices fluctuated. The threat of trade wars and Middle East tensions increased demand for safe-haven assets.

Gold and silver will likely rise when the Federal Reserve cuts interest rates, reducing the opportunity cost of holding them. Record central bank buying and geopolitical tensions also provide strong support. For silver, booming industrial demand from solar panels and electronics adds extra upward pressure. A weaker U.S. dollar would further boost both metals.

Gold analysis for the next 1 month: Pressure from hawkish Fed policies and a strong USD could potentially push prices down. However, geopolitical risks and high inflation may provide support. Limited correction.

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