The market expects positivity not only from a decrease in the key interest rate but also from inflation forecasts and the pace of monetary policy easing next year.
To achieve the target of $BTC 000 in the first cryptocurrency, two important barriers must be overcome:
$112 000 — the lower boundary of the realized price range; $99 000 — the annual moving average. After testing the $102 000 mark, the further dynamics will depend on traders' profit-taking. If selling pressure remains low, the rally will continue.
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The market expects positivity not only from a decrease in the key interest rate but also from inflation forecasts and the pace of monetary policy easing next year.
To achieve the target of $BTC 000 in the first cryptocurrency, two important barriers must be overcome:
$112 000 — the lower boundary of the realized price range;
$99 000 — the annual moving average.
After testing the $102 000 mark, the further dynamics will depend on traders' profit-taking. If selling pressure remains low, the rally will continue.