Interest rate cuts have not yet materialized, Bitcoin's peak aims for 130,000!!

The current trend has similarities with the support channel from last year

From the market, it can be seen that the 100,000 support is still quite strong. It has been emphasized before that the support level should not be used as a stop-loss, yet some people still like to use support as a stop-loss, resulting in precise stop-loss?

Alright, back to the main point, there will definitely be opportunities for bulls to enter the market later

So why do we say that Bitcoin's top will absolutely break the historical high?

1. The benefits of interest rate cuts have not yet materialized. According to a series of analysts from JPMorgan, Standard Chartered Bank, etc., there may be two interest rate cuts in August and November

2. Technical trend confirmation, the 100,000 bottom trend has been confirmed, and there are obvious signs of main force protection, so remember to check the chart below before shorting, is there a possibility of a short position being on the floor?

3. Four-year bull-bear cycle, an old story, it is consistent with Bitcoin reaching a cyclical high in October and November as well as the financial cycle rules such as U.S. interest rate cuts

4. The main force's chip distribution requires time. Looking back at each peak, it usually maintains a high-level box fluctuation for 1 to 3 months to meet the needs of the main force's chip distribution, so it is difficult to break below 90,000 in a short time

In summary, for the foreseeable future, it is still possible to pull back and go long as the main strategy $BTC