#btc
🔹First they said it would be great if the FED lowered the interest rate in September. Then they got the media involved and said, "Oh, don't make a 0.50 cut; there will be a recession, the balance of the economy will be disrupted" and confused the people. In the end, after a 4-year and 6-month break, the FED lowered the interest rate by 0.50 yesterday. Now all capital markets hope that the money that escapes from interest will stay on their side and update their security prices accordingly.
🔹After the interest rate cut, Bitcoin headed up and last saw 62,700. In fact, August's 65 thousand peak was lower than July's 70 thousand peak. It is a bit difficult to pass the August peak in a period when the peaks are constantly falling. But the market maker can take advantage of this excitement environment and push the Bitcoin price to the 65/70 thousand range. At the point where everyone says they have embarked on a 100 thousand journey, they can put the burden on the backs of buyers and throw the little ones off the cliff.
🔹There is no problem for this week. However, we should not expect the premiums that have occurred in the last 2 weeks from next week. At best, they will create the image that we are increasing by gradually increasing the price, but in the meantime they will exit the goods.
🔹Our brain is programmed to buy/hold/sell. Since we are constantly carrying goods, price fluctuations in the market do not benefit us. This difficulty can only be overcome by switching to cash at the right time and waiting. It is necessary to ask the right questions at the right time. Maybe it is time to ask the question of where we came from instead of where we will enter now.
🔹The one who is full leaves the table in time. The last one usually clears the table. 😊
