Currently, it has been whipsawing back and forth, waiting for tonight's meeting. A 25 basis point rate cut could push BTC up to 110,000 by the end of the month. A 50 basis point rate cut could push BTC to 120,000. A 75 basis point rate cut could push BTC to 150,000. Don't get whipsawed out of positions. We all know that to rise, there must be a fall to make you sick. Don't always think you can buy more at the lowest point, because you don't know where it will fall. The best way is to slowly build a long position. If it falls, I will increase the position. Keep adding as it falls. If it falls below 100,000, unload.
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Currently, it has been whipsawing back and forth, waiting for tonight's meeting. A 25 basis point rate cut could push BTC up to 110,000 by the end of the month. A 50 basis point rate cut could push BTC to 120,000. A 75 basis point rate cut could push BTC to 150,000. Don't get whipsawed out of positions. We all know that to rise, there must be a fall to make you sick. Don't always think you can buy more at the lowest point, because you don't know where it will fall. The best way is to slowly build a long position. If it falls, I will increase the position. Keep adding as it falls. If it falls below 100,000, unload.