The 3-day line has formed a golden cross. After the interest rate cut, if there is no major problem in the market, it will basically develop upward.
Now the bullish trend is definitely ready to go. To completely change the past bearish trend and structure, it is necessary to break through 65k.
Risks worth noting. In the past few false breakthroughs/rebounds, they all came to an abrupt end after the 3-day line golden cross. There is no way to rule out this possibility at present.
The last two golden crosses were false breakthroughs. Three times is not enough? Will it be true this time? Keep observing. I am very confident that this golden cross is true, but it cannot be confirmed without breaking through 65k. Now it is suitable to go for a bull market. I personally have a 50% position and still only recommend BTC.
