➡️The chances of Bitcoin dropping back into its previous channel are much lower than the chances of it testing the channel top as support and then rising again. Here are a few key reasons why we're looking toward a bullish outlook:
⭐️Upcoming Web3 Event: Later this month, there's a major Web3 event where CZ (Binance's Ex-CEO) will be attending. He’s hinted that this could be a big deal for the Web3 space, which might bring positive momentum to Bitcoin and the crypto market.
⭐️U.S. Presidential Elections: Donald Trump is currently leading Kamala Harris by a significant margin in the polls. If he wins the election, it could be a game-changer for Bitcoin and the crypto market.
⭐️Interest Rate Cuts and Bullish Quarter: With potential interest rate cuts in the coming months and this quarter historically being bullish after the Bitcoin halving year, we're expecting more upward movement for BTC.
Keep your eyes on these events—they could drive Bitcoin to new heights!📈🔥
