After the rate cut, SPX hit new highs and BTC returned to 60k. The previous higher low of $53,300 was successfully tested and we are almost ready for a bull market!
However, there is still no higher high, and the bears are fiercely defending $65,000! The closing of the week also did not show significant strength.
BTC bulls are not ready yet and local consolidation is needed. I expect a correction in the zone of $ 58-60k.
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