Got it from the group before BTC touched 77K $



BTC / USD, as seen on the 1W timeframe according to the admin's analysis yesterday, BTC reached the 94K$ area, and currently, BTC shows potential for 85K$ and also the deepest potential at the 77K$ area because there is a demand zone and a strong support zone. After that, there is a potential increase up to 107K$ following the Head and Shoulders pattern. RSI Indicator: although it shows the potential for a Golden Cross, currently RSI is still not in the Oversold area. Conclusion: BTC has the potential to decrease to 85K$ and the deepest at 77K$, with a potential rise after touching 77$ to 105K$ - 107K$ for the long term #Dyor
BTC-0,65%
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Nazitaniamasoudvip
Jerome Powell has not been replaced as Chair of the Federal Reserve. His term will end in May 2026, and there is speculation about the possibility of his early resignation due to political pressure and criticism of monetary policy.
Replacing Powell could have a significant impact on financial markets, including cryptocurrencies:
- Monetary policy: If his replacement is more dovish, it could trigger lower interest rates and increased liquidity, benefiting risk assets like cryptocurrencies.
- Volatility: Uncertainty about Powell's replacement could trigger volatility in crypto and stock markets.
- Crypto prices: If his replacement supports looser monetary policy, it could boost the prices of cryptocurrencies like Bitcoin and Ethereum.
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