Analyst Says Bitcoin Price Is Close to Breaking a New Record A renowned cryptocurrency analyst predicts that Bitcoin's price is on the verge of another surge. The trader, who goes by the pseudonym Rekt Capital, expects Bitcoin to enter the final phase of its current bull market. During this final phase, Bitcoin should reach new all-time highs.#Fed Cuts Rates By 25 Bps##BTC Reserve Market Impact##Funny Moments In Crypto##Will Crypto Market Break Out in September?##Are You Bullish or Bearish Today?#

On the evening of September 19, BTC From the 4-hour cycle observation, the overall market is still within a trend channel of oscillating upwards. Although recent momentum has weakened, and prices have experienced a short-term pullback, it has not damaged the core structure of the upward trend. The key pivot support remains effective. In terms of operation, it is recommended to strategically buy on dips relying on the lower trend line and previous important support levels, and to hold patiently to capture potential upward space in the future. Suggestion: BTC can be around 116000, 115600, with the target looking towards 117000, 117800: #美联储降息25个基点#

Despite the Fed's interest rate cuts, the cryptocurrency market remains sluggish, with Bitcoin struggling around $117,000 and most assets trading lower. However, Avalanche (AVAX) is rising against the trend, increasing by 5.1% in 24 hours, 19.7% weekly, 38.9% over 14 days, and 51.3% monthly. Key driving factors include Bitwise's submission of an AVAX ETF application to the SEC (SEC), plans to issue two $1 billion U.S. Treasury bond purchases of AVAX Tokens, and the Fed's interest rate cuts boosting risk appetite. CoinCodex predicts that AVAX could rise to $41.48, a 20.13% increase, before experiencing a pullback.