Bitcoin’s price trajectory shows promising upward momentum as market anticipation builds around a likely Federal Reserve interest rate cut. The cryptocurrency commenced weekly trading at $114,505, displaying minimal gaps on CME charts that signal potential early recovery. Technical analysts pinpoint… Read More »Bitcoin Eyes $124,000 Target Amid Surging Fed Rate Cut Expectations
Bitcoin’s vulnerability to a significant price correction has intensified due to record-high Commodity Trading Advisor (CTA) positioning in US equities and shifting macroeconomic expectations. Market analysts warn of a potential 10-30% decline in Bitcoin’s value over the coming weeks. CTAs… Read More »Bitcoin Faces Near-Term Correction Risks Amid High CTA Exposure and Fed Uncertainty
Cryptocurrency markets show cautious optimism as Bitcoin accumulation by large holders and institutional investors intensifies, offsetting macroeconomic uncertainty. Key focal points include impending U.S. economic data and regulatory initiatives, collectively shaping near-term price trajectories. Market sentiment is primarily fueled by… Read More »Bitcoin Sentiment Turns Cautiously Optimistic on Whale Activity and Regulatory Developments
Bitcoin shattered key resistance levels to hit an unprecedented intraday high of $112,000 on Binance, driven by accelerating institutional demand and shifting monetary policy expectations. This rally eclipsed previous peaks set in May as technical barriers collapsed under intense buying… Read More »Bitcoin Soars to Record $112,000 Amid Fed Rate Cut Outlook and Surging ETF Demand