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- 💥 Gate Square Event: #PostToWinPIGGY 💥
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Update on $BTC a couple of weeks ago, I shared TA on #Bitcoin#, saying to expect some chop between $107K-$118K and that’s exactly what happened.
After the correction, the market stayed quiet and boring as expected. But this could soon change it now looks like $BTC may be forming a new trend after breaking the crucial $112K resistance zone.
What’s next? Buckle up, it’s going to be a wild week.
The Fed will release its rate decision on Wednesday, followed by Powell’s statement amid the blackout period. Meanwhile, big tech giants (Microsoft, Google, Meta, Apple, Amazon) are all reporting earnings, if S&P500 continues pushing higher, I see no reason why #Bitcoin# shouldn’t follow.
All this while President Trump meets China’s Xi on Thursday, just 48h before his 100% tariff goes live.
This week will likely set the tone for November.
In the meantime, I’m accumulating #Altcoins plenty of great setups forming there. Will share my picks soon.