This is my bullish scenario.
Before the Federal Reserve meeting and on Monday, prices will experience a pullback and may drop to a low. It could fall to $87,000.
After that, prices will quickly rebound, confirming the uptrend #Bitcoin, and are set to break through $92,000, thus moving towards $100,000 in the next 1-2 weeks as the Federal Reserve is reducing quantitative tightening (QT), cutting interest rates, and expanding the money supply to stimulate the economic cycle.
I think that will be one of the best scenarios.
What are the invalid points of this regulation? There are two.
- A loss of $86,000 will be a test of $80,000.
- Breaking through and holding $92,000 will be the ideal trigger point for continuing to rise to $100,000, so failing to break through $92,000 is a bearish scenario, and that is the second invalid point. $BTC
