The old Powell said that October is a defensive interest rate cut month, and in December it is uncertain if the interest rate will be cut. The market has already recognized a significant fall in interest rates.

This fall in the price of Bitcoin during this phase, in fact, I only saw support between 9.1-9.4 thousand dollars.
If there is a type of irrational panic selling, the lowest would be around $8.8 thousand...
I also don't think it can fall all at once directly to near the support of $70,000...
Currently, there is no need to panic too much as long as the price is above $88,000.
After all, it fell from 116,000 to over 20,000 in one go ...
There is no market that moves steadily from start to finish; even in a one-way direction, it requires energy accumulation halfway, whether it is upward energy or falling energy.
Of course, the condition is in the main support and resistance area.
Therefore, near the current price, a volatile correction can be expected within a red circle.
But here, it is probably not the end of this round of fall.
It is clear, as shown in the picture, that I continue to see a fall in the medium trend.
I wish everyone good luck (^.^)Y yay!!
#BTC