BTC Rapidly Rises to 58.5k Earlier Than Expected

However, the failure of support at 61,877 to hold leads me to expect a bounce from 60.911, possibly testing the 62.5k area, before potentially falling further to around 59.6k. We hope the 59.6k level can provide some stability.

If the 59.6k level fails to hold, we could see a bounce from the 57k area - either on a daily, weekly or monthly close - potentially pushing higher to retest the 69k area. This could set the stage for a breakout to new all-time highs, or conversely, a breakout to 535k. If we see a breakout below 55k before setting new highs, holding could yield a potential 2-3x return in October or November. #美联储何时降息？ #MtGox钱包动态 #美国CPI数据连续第4个月回落