It's nice to be right, of course. My low forecast of $BTC came true with a deviation of $200. With such a dump, it's really not a deviation at all. Well, never mind. It feels like the market is ready to rise, but the sellers are a bit weak. The rebound was quite good, but there isn't enough strength to go higher yet.

Forecast for BTC in the near future.

In the chart below, it is clear that BTC is moving along the blue channel between the 7 and 25 EMA. When it moves above the 7 EMA - it corrects to it. We have not gone significantly below the 25 EMA at all. Therefore, the extreme point where it will hurt to drop is 98500. Also, we must not forget about the support at the level of 101000-100000.

If there is positive news regarding today’s interest rate decrease - we will likely see 109000$ and a test of 110000$. It is unlikely to break through 110000$ on the first attempt, as there are very large "blocks" there.

In summary - Positive forecast of 109500$ with a move towards seeking liquidity. Or a negative forecast of 98500$ and below (in the form of a false breakout).

Have a great day everyone. Follow me, I will publish more.