The daily Bitcoin level has risen above the 120-day moving average. If it stabilizes this week, it will make another push towards the $100,000 mark next week. If it doesn't stabilize, it will enter a short-term adjustment, but don't expect a significant drop. The bottom range emerged from prolonged market panic and is definitely a very strong support level.
Currently, Federal Reserve officials are hinting at interest rate cuts. If we follow the pace of rate cuts from June, the crypto market is currently on the path to breaking out and rebounding. Once the adjustment in May is over, it will re-enter a reversal trend, and the second half of the year will be crazy.
Just hold onto the top altcoins; you can't compete with the dogs in this game.
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