#Fed We now know for sure that the fed will start a cycle of interest rate cuts in September with the message from the president #powell that it is time to cut interest rates.
#Bitcoin We have priced this news in and we can assume that a rise in bitcoin prices is inevitable until the elections in November.
#ETH🔥🔥🔥🔥 Therefore, it may take a little longer for this money to enter the #altocoins s.
The recent declines were a bear trap. #Powell started the interest rate reduction process. $BTC broke the $62,000 resistance and started the $70,000 journey.
$BTC has received healthy support at the weekly .382 Fib support. Vertical pivot lines indicate a possible trend reversal. It will continue its upward trend until the beginning of November. Let me get to the point. I expect a pricing around the Fib 1.618 resistance, which is $90,000, until the end of October.
I think it will be rejected from there and pull back to the pivot, which is around $80,000. I'm making a rough estimate and saying $83,000.
Since 2019, I have left a mark in every field that concerns crypto, such as DeFi, ICO, Metaverse, #NFT , #Airdrop . I have gained very important experiences, there were times when I started working in the #Web3 field. I have made a lot of money, I have lost a lot of money.
Here I will share my humble technical analysis and important news in the market. I intend to share my experience and knowledge with you.
As I write these, it has exceeded $BTC 64k. We are at the beginning of the most important rally we will see.