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The US government has shut down again, and a bunch of economic data has been paused.
Anyway, no need to watch the data every day and be led around by the news; maybe it can make the market more pure.
Looking at the current support level $BTC , I see two possible scenarios:
One is that during this shutdown period, the market oscillates around $100K , and once the government reopens, it will surge and take off;
The other possibility is a deep correction first, a dip near $94K or even $90K , clearing out the last batch of high-leverage longs—then, once the door opens, it will still take off! 🫣