#BTC There was not much movement at the beginning of last week, but subsequently Trump's release of Favourable Information towards the crypto market led to further excitement in the market. The price once approached one hundred thousand, although it was only 400 points away from witnessing history. It is not surprising that it will go up during this time. It is difficult to imagine that BTC will really stand at one hundred thousand. Although the groundwork has been laid in the early stage, whether it is BTCHalving or the Fed's interest rate cut. When it really comes to this position, it really feels like a dream. Although there was a technical pullback over the weekend, I believe it will continue to pump up on Monday.

From a technical analysis perspective, this week's candlestick chart is showing a large bullish candlestick. The three consecutive bullish candlesticks have established that there is unlikely to be a significant pullback in the short term. Over the weekend, there was a minor retracement on the hourly chart, with the price dipping near the 97,000 level. Currently, it is quite challenging for the price to go down further, and it may at most retrace to around 95,000, similar to the wave from 80,000 to 90,000. It is becoming increasingly difficult to see BTC prices starting with 60,000. Unless there is some negative news, the overall environment is unlikely to cause a BTC crash. BTC is now treated as a strategic reserve, and the overall situation is not expected to trigger a major price collapse.
BTC operation suggestion: northward around 97000.
Target: 102000#BTC #ETH #比特币