C $ETH $XRP
Good evening, as we can see, the price of Bitcoin is experiencing a steady rise between the areas of 93,000 and 95,500, which indicates a strong rise coming as it approaches the area of 96,000. It may head towards the area of 97,000 and continue to the resistance level of 97,850. If successful, we have another very important resistance from 99,350 to 100,000. In the event of a break and close on the 1D indicator, a sideways rise is likely, provided that the Relative Strength Index closes. There will be no shortage of liquidity weakness, as we see on the four-hour Relative Strength Index breaking into a negative area, which is positive if it continues. The chart shows the beginning of Bitcoin's price rally, but a warning: the monthly close is near, so we may witness volatility due to the close, including a rise to another sideways movement, then waiting for the Federal Reserve meeting, Jerome Powell, to see if there will be a reduction in interest rates or not. A reduction in interest rates may revive Bitcoin's movement and push it to 110,000 and 120,000. This could be the start of a new upward wave, as I see it, but if coupled with a fixed interest rate, we may see the opposite. Conversely, the altcoin markets remain unchanged with no positive movement. Up to this moment, we do not know what may happen. Any negative movement today could be directional. The price of Bitcoin is at 93,000, and we also warned about the areas of 92,600, 91,500, and 89,800. These are not buying areas as they are dangerous
