Trader Ansem anticipates accelerating selling pressure on Bitcoin and Ethereum if their prices fall below the $82,000 and $2,400 thresholds, respectively. His analysis is based on weakening technical trends, fading momentum in artificial intelligence-related stocks and macroeconomic uncertainty. The Federal Reserve’s decision on October 28 and upcoming technology company earnings could amplify volatility across cryptocurrency and financial markets. Despite this short-term bearish scenario, Ansem remains confident in crypto assets over the long term and believes selected blockchain-based projects could outperform in a difficult market.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
