BTC LOCAL UPDATE

The much-anticipated news regarding the US-China deal has finally been released. This development could signal an upcoming local correction. Currently, Bitcoin is trading within an ascending channel, which—based on technical analysis—typically breaks downward. Although there was a recent upward breakout, it appears to have been a fakeout.

The chart above outlines a likely scenario: a correction down to the $102,000 support level. It's crucial for Bitcoin to hold the $101,500 support—if it fails, we may see a deeper drop.

Our strategy remains clear: accumulate as much Bitcoin as possible at optimal prices. The $101,500–$102,500 range offers an excellent opportunity for accumulation before aiming for a move toward a new all-time high.

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