Latest update for #BTC 30/9/2024

#BTC Update 9/25/2024#BTChas stopped at the relatively close level of 65,000, of course this is the previous resistance level that the price reached on 8/25 and then fell nearly 20% to 53K.

The price zone around 62,500 that I provided before is still doing a good job of supporting#BTCto maintain the Sideway uptrend so that Altcoins can continue to increase to the x2-x3 levels compared to the lowest point in August.

Currently#BTC64,500.

Short Term H1-H4:
In my opinion, the 64,700-66,000 zone is the resistance that#BTCcannot overcome immediately, there will be a correction wave to the area with good buying power 60,500-62,500 for a few more beats to consolidate buying power, pushing#BTCto reach higher resistance at 68,000-69,000.

In this round, if the price can push through 68-69K, it will match my long-term plan and the ratio is 70-80% that the August bottom is the bottom of a long and strong Bullrun wave.
Following this short-term adjustment, most Altcoins will also decrease to the areas where it breaks out 2-3 bottoms, Breakout Trend Line. (Except for Alts that have broken too far, they may not be able to return to the Break point)

Long-term D1:
2 long-term#BTCbuying price zones 5xK-3xK that I have mentioned quite a lot. If the D1 candle does not close below 50K, my black line is still completely effective, then the black line will change to red.

Up to now, the green line about 3xK has a very small occurrence rate, exceeding 69K, as I said above, the black line is 80% - the green line is 20%. Just yesterday, a QUITE IMPORTANT news about the Chinese government deciding to pump money will add another signal to Confirm, the more Confirm signals there are, the more it will gradually confirm whether the bottom has been reached or not.