#BTC

BTC Market Analysis:

The overall Bitcoin is still in a high-level sideways consolidation range. The current price is likely in the lower part of the consolidation range and has not yet reached the bottom near 100500!

Tonight, the Federal Reserve's interest rate decision will be a moment of significant volatility, so the fluctuations in Bitcoin over the past two days have not been very large, and the direction is also not very clear. It all depends on this Federal Reserve interest rate decision. Based on the market, a small prediction: there's a high probability that the current interest rate will remain unchanged!

If the Federal Reserve keeps the interest rate unchanged, then Bitcoin and the U.S. stock market are expected to undergo a deep pullback for adjustment, preparing for a push towards a rate cut in September! Of course, if a rate cut happens this time, then it's very likely and quite simple for Bitcoin to surge to 120,000!