🍳 CryptoKitchen: Market Porridge on 26.09.2024 🍳
🔥 Bitcoin has tried to break through the resistance at $64,500-65,000 three times already but hasn’t succeeded yet. Support has formed at $62,300-62,500, and Bitcoin has been stuck in this range for almost a week. 📉
💡 What could change the game today?
At 12:30 (UTC), US GDP and labor market data will be released, followed by speeches from Powell and ECB head Lagarde. Depending on the rhetoric, Bitcoin might get a chance to break through $65K.If not — no worries, the targets of $70K and higher are still relevant for the coming weeks. 🚀
Main scenario: Bitcoin stays in the $62,500-64,500 range.
Alternative: Breaking above $65K. 👀