$BTC BTC is about to break upwards
The first price round targets 89500
In the early hours of today, Powell's speech was, as last time, no rush to lower rates, following the same pattern and formula, there was almost no change, and the state of the market was practically unaffected. Powell's firm speech only caused a drop of about 800 dollars, from around 96600 to 95800, and 95800 is just above the fluctuation range of 92700-95700, this key support was not broken. Yesterday I mentioned that if the 95700 level is broken, it will be a bullish signal, and this time the pullback did not break this support level, so this signal is a bullish signal. Powell's speech not only did not break the key support level, it can be said that it had no impact on BTC, under an aggressive speech, BTC did not react much, which shows that in the short term, BTC remains a signal of increase; not lowering rates has not affected the trend of BTC, it seems that the negative news of not lowering rates has already been digested and accepted by the market.
