BTC broke up the battleground, gathering strength to a breakout.
Capital inflow has pushed up target points, lifting the consolidation range.
The center of the consolidation range is between $20782.41-$20831.62, which temporarily serves as resistance. Once it’s broken, BTC will officially enter the consolidation of a breakout.
The sentiment of short-term bulls is boosted. Taking hold of the intraday support will bulls keep challenging resistances.
The market expected interest rate hike in November: 75bp(93.7%),50bp(6.3%)
Interest rate hikes are expected to slow down from December.
Capital inflow has pushed up target points, lifting the consolidation range.
The center of the consolidation range is between $20782.41-$20831.62, which temporarily serves as resistance. Once it’s broken, BTC will officially enter the consolidation of a breakout.
The sentiment of short-term bulls is boosted. Taking hold of the intraday support will bulls keep challenging resistances.
The market expected interest rate hike in November: 75bp(93.7%),50bp(6.3%)
Interest rate hikes are expected to slow down from December.