10x Research posted that it is only a matter of time before Bitcoin hits a new all-time high. The head and shoulders pattern suggests that Bitcoin will soon rebound to 83,000, and the resistance line is likely to be breached in the next few days. The ideal time to break through this resistance is today (Friday, June 7) or next week (Wednesday, June 12). A few days ago, we pointed out that the global central bank easing cycle is about to begin, and this week's interest rate cuts in Canada, Denmark, and Europe confirm this. With US economic growth, employment, and consumer spending weakening, it is only a matter of time before inflation slows down. Although the Federal Reserve has cut interest rates only once in the past 30 years, between May and November, before the US Presidential Election, risk assets are largely determined by market expectations of rate cuts, not necessarily actual rate cuts. This makes us generally bullish on risk assets, and we expect Bitcoin to reach new all-time highs. However, if Bitcoin fails to reach new sustainable highs, the reason could be a significant drop in the price of Ethereum, as we noted earlier this week. We are monitoring the 3,725 support level. As traders and market analysts, we must consider each scenario and think ahead.