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BTC Market Analysis:
From the weekly perspective, BTC may once again test 100,000 this week, which is near the blue M60 line.
The reason is that, since the standstill has not yet ended, employment data and CPI data cannot be released on time, and there is disagreement within the Federal Reserve regarding whether to cut interest rates in December!
The outlook for interest rate cuts is uncertain, and with another Federal Reserve official warning about inflation, the market has once again experienced a panic sell-off.
However, the level of panic should gradually decrease, as this week the likelihood of the standstill ending is high.
The decline before the suspension ends, I think is a good opportunity to buy the dip!