From the indicators, the bottom is obvious, and the market shows signs of stabilizing and rebounding. As mentioned before, this position is worth gambling, and positions can be built in batches. There will be repeated gambling in the next few days near the production cut. The closer to $60,000, the greater the chance. Once it falls violently, it is a big opportunity!
Historically, the decline before and after the production cut is a good opportunity to enter the market, and the prelude to the bull market will be opened directly in December after the production cut until the peak. I believe this time will be no exception.
According to historical data, it can be predicted that the low point two months before the halving is the best entry point. Previously, the BTC spot ETF was approved in January 2024, and qun Gavi 362014583 formed a strong support for Bitcoin. Coupled with the impact of the expected US interest rate cut, the lowest point two months before the halving may have passed. The future trend is very likely to start a new round of bull market cycle, and it is still worth looking forward to surpassing the high point of the previous bull market.