Jack Yi Forecasts Bitcoin and Ethereum Market Scenarios

Cryptocurrency expert Jack Yi predicts potential market fluctuations for both Bitcoin (BTC) and Ethereum (ETH). In his latest analysis, Yi outlines three main scenarios: a 20% chance of a deep correction, a 50% chance of wide price swings with BTC returning to $11,600 and ETH to $4,000, and a 30% chance of a short squeeze pushing ETH above $5,000 by year-end. These predictions are fueled by expectations of interest rate cuts, favorable government policies, and a current US stock market correction.