$BTC It started to fall on Monday. The opening of the US stock market is unpredictable and it is estimated that it may fall further. This decline is not a simple correction. Personally, I think it is due to the concerns about the forecasts released over the weekend about the US interest rate cut of 50 basis points and the interest rate hike in Japan. It is worried about the US economic recession. However, before Thursday, it tends to fluctuate in a wide range of 56,000-59,800.
When the US interest rate cut is announced on Thursday and whether Japan will raise interest rates on Friday, it will be better to determine whether it will take off from now on, or test the bottom again before taking off. What do you think, friends?
