$BTC Update

If we close the day like this, the double top will be confirmed. It is possible that we will experience a decrease to the 62500-60500 box I showed in the chart.

Maybe they can push the price here until the Fed interest rate meeting to be held on June 12.

There are rumors that the Fed will decide to reduce interest rates at this meeting. If, as expected, the fed cuts interest rates and the price reaches here before the meeting, I think the Bitcoin price, which has already reached the "Range Low" region with the interest rate cut, will turn up sharply.

When that day comes, we go over the analysis again.