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Bitcoin is surging! Big fluctuations! Significant differentiation! The downtrend of altcoins has ended, and a surge is coming!
BTC retested around 103,000 last night, receiving support at the trendline, and then attempted to rebound, with the price reaching new highs, peaking at around 107,000. After the breakout, the price increased very quickly, and if you missed it, you might not catch up. Significant price fluctuations for Bitcoin may occur! The logical analysis is as follows:
1) The Federal Reserve is about to cut interest rates again, and each rate cut is a potential positive.
2) Trump will take office on the 20th of next month, which is a potential positive for the cryptocurrency market.
3) Currently, the bullish volume is stronger than the bearish volume, but the price is rising while the volume is decreasing, indicating mild price divergence.
1) The Federal Reserve is about to cut interest rates again, and each rate cut is a potential positive.
2) Trump will take office on the 20th of next month, which is a potential positive for the cryptocurrency market.
3) Currently, the bullish volume is stronger than the bearish volume, but the price is rising while the volume is decreasing, indicating mild price divergence.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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