FEDS most likely will cut rates, STOCK will rally, GOLD and Silver also, WOULD BTCUSD rally with them ? MOST LIKELY YES.
IF FIBO LEVEL 50 holds at 100002, then eyes will be on 61.8 which 11609, if we break this, then eyes on 78.6 which is 13897, a correction is expected there, however if we do break this one, our target should be 100 level at 16811
Down side scenario, If 50 Fibo level doesnt hold, we are visiting 38.2 @ 8400 if doesnt hold we are back down to 6400 which is 23.6 Fibo level.
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