Technical analysis by FeelsStrategy about Symbol BTC on 8/1/2024

Why are we falling and why do I think there will be no deep correction?🗣The first is, of course, geopolitics, risks are growing again in the Middle East,🗣The second is additional liquidity from the US government and mt GOX.🗣A crisis of narratives, nothing very positive will happen in the next 2 months, and the seasonality in those months also does not give anything positive.🗣Fears that key rates will be lowered will bring negativity to the market, as has been the case historically.Why these are not big problems?💡Geopolitics. I don't want to delve into possible options, but in the basic version, I expect a repetition of the option as it was in April, after which the situation cooled down.💡The market will absorb the liquidity here and as in the past, as we saw in the story with the sales of the German government.💡I think there will be narratives, and seasonality does not show us a deep correction, only consolidation.💡I consider that the negative will be only in snp500 and then very short-term. In general, lowering rates is positive, both for business and for risky assets such as cryptocurrencies.P.S. In the table of seasonality, I left only the necessary months, taking away bear years and too early years.The entire 4-wave movement is complete, as predicted.☑️