Let's take a look at the trend of Bitcoin and how its price will move next. Let's take a look together.
1️⃣ Technical Analysis: The first thing to pay attention to above is the 136,000 bull flag's first phase fulfillment point. Currently, after the surge, there isn’t much to discuss technically. With the U.S. stock market closed over the weekend, there's not much liquidity, just a simple small range overall. Just pay attention to next Monday's reaction.
2️⃣ News Aspect: Aside from the current trade war of a certain individual, the big topic these days is whether Old Powell will resign. Many are speculating on Old Powell considering resignation, but there is currently no information to indicate the authenticity of this news. After the news broke on Friday, the S&P 500's overall volatility was also not significant. The market hasn't been greatly affected. Earlier, Nick Timiraos, known as the Fed's mouthpiece at The Wall Street Journal, was the first reporter to come out and debunk this rumor.
3️⃣ Data Aspect: Yesterday, a whale bought 2,686 coins, today 801 coins, totaling 8,187 coins this week, which is a decent buying volume. #Crypto #Bitcoin #BTC突破12万大关 #美国加密周 #BTC再创新高 #迷因币情绪 $ETH $BTC