Bitcoin is currently positioned at a critical inflection point and is rising ahead of next week's important interest rate cut announcement, suggesting a high likelihood of a positive outcome. (but read till the end) However, given the extremely high volatility, caution is advised for those trading. Current Situation Briefing However, it is currently showing a positive development by moving back into the channel it broke out of in mid-October. If it stabilizes within the chan

<Current Status> Following the unpredictable drop on October 10th, a slight rebound occurred, but it has been suppressed again and the decline is ongoing. → Currently positioned at a critical juncture: will the short-term correction continue, or will it rebound and shift to an uptrend? Both scenarios remain possible at this point, Upward Trend - If it rises in the 110K~111K range, it could form a double bottom and surge, potentially reaching 118K~120K. - However, whether an i

<Current Overview> Bitcoin has broken through the 126K range to reach a new high before experiencing a slight decline and undergoing a...

Current Status Summary - Support Zones and CME Gaps Bitcoin has successfully broken through its previous high, achieving a new record...

The market rebounded immediately following Scenario 1, and is currently digesting resistance around the 120K level. To summarize the...