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Small level Bitcoin hits 97,000 close to the top, 100,000 seems a bit difficult
From the perspective of the small level trend, it looks bearish. Will there be a spike? Let's see tomorrow night in the early hours after the interest rate cut
The probability of an interest rate cut is basically 0, but the current Bitcoin is quite strong and the downward pressure is not significant. If the altcoins reach the peak, it will just return to the bottom state from early March and won't drop further.
Of course, trading is counterintuitive. When everyone thinks that not cutting interest rates will lead to a drop, the market makers might come in and push the bears out.
BTC
From the perspective of the small level trend, it looks bearish. Will there be a spike? Let's see tomorrow night in the early hours after the interest rate cut
The probability of an interest rate cut is basically 0, but the current Bitcoin is quite strong and the downward pressure is not significant. If the altcoins reach the peak, it will just return to the bottom state from early March and won't drop further.
Of course, trading is counterintuitive. When everyone thinks that not cutting interest rates will lead to a drop, the market makers might come in and push the bears out.
BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
95,113.21
+0.64%
SUI
3.253
-6.04%
WLD
0.904
+4.02%