Bitcoin is going to new all time high soon.
$BTC is currently testing the 50 week SMA for the 4th time. Interestingly, every time BTC has tested this SMA in the past and closed the weekly candle above it, BTC has created a new all-time high.
Currently the 50W sma is around $103,200 and we need tomorrow’s weekly close above it for bullish momentum to continue.
BREAKING: 🇺🇸 Trump says $20 trillion could be injected into the U.S. economy by the end of 2025.
Rate cut in December, QT finally ending, QE starting soon and now this 🔥
US Inflation Index is dropping again.
Fed president is calling for QE to start soon.
US government shutdown could end by next week.
QT is ending on December 1st.
Are we back again?