After cutting the interest rate by 50 points, Bitcoin rebounded directly and exceeded 62,000. Is this a signal that the bull market has started?
Bitcoin began to rebound at 12 o'clock in the morning. With the announcement of the 50-point interest rate cut, Bitcoin immediately began to explode. It has now exceeded 62,000 and is still rising. According to historical trends, it has completed three waves of shocks. This is the third wave. Four waves, it only takes one more big pull from the weekly line of 65,000, then will it break the pattern and no longer fluctuate down, and directly break through and go up? After all, there are only three things to do. Although most people think that there will be a big drop next, but The truth always surprises us.
The next few days are particularly critical. It can be said to be a turning point in the future market. I personally am still bearish, but if there is a breakthrough by then, I will decisively turn long #çŸèćšćźŁćžéæŻ50äžȘćșçč
