Despite the Fed's rate cut, the market fell significantly due to Powell's statement. He said that under US law, the Fed is not allowed to hold BTC and they will not change anything - Congress does that.
❗️ Because of this, BTC dropped slightly below 100K and tested the ascending support line at 98.7K. This fits into the previously noted scenario.
⚠️ If there is a rebound and a return back above 102-103K now, the growth will continue and this time we will reach 110K within the framework of the November upward trend.