The halt is about to end, and a pullback is a great opportunity to buy the dip!

From the weekly perspective, BTC may once again test 99,000 this week, which is near the blue M60 line.

The reason is that, since the standstill has not yet ended, employment data and CPI data cannot be released on time, and there are internal disagreements within the Federal Reserve regarding whether to cut interest rates in December!

The outlook for interest rate cuts is unclear, and with another Federal Reserve official warning about inflation, the market has fallen into panic selling again.

However, it is unlikely to break below the M60 line.

In this round of the cycle, since BTC has crossed M60 on the weekly chart, no matter how there is a pullback, it has not fallen below it before the bull market ends.

In the last cycle, only a black swan event of the level of the pandemic caused BTC's weekly chart to break below M60, and it never fell below that until the end of the bull market at the end of 2021.

According to Polymarket's forecast, the probability of the shutdown ending before the 15th has reached 96%, and it is very unlikely that something unexpected will happen.

So, I think tonight and tomorrow are good buy the dip opportunities!