BTC Up, but 100k Still the Wall
The BTC week is starting in the green — a delicate little seedling. We climbed back from 80k to currently 87k. One driver is that further rate cuts in Decenber are looking very likely again. Fed Watch says 84%.
But as long as we don’t sustainably break above 100k, the bears are still in control. That’s where the important 50-week trend lies.
Wait, hodl, stay calm, guys. And have a good week!
