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đĄ Bitcoin price wobbles ahead of Fedâs rate decision
Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrowâs Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.
The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cutâthe first in over a decadeâwhile a dominant 95.6% anticipate rates to hold steady between 525-550 basis points.
According to The Kobeissi Letter, current market data indicates a 36% probability that there will be no interest rate cuts this year. Four months ago, the likelihood of maintaining current rates was only about 3%.
Expectations have also shifted to just one reduction this year. Previously, the market anticipated six rate cuts. Additionally, the probability of experiencing two or more rate cuts has diminished to 31%.
đș Stagflation risk
Amidst this financial climate, the US grapples with stagflation risks as inflation persists and economic growth slows.
The first quarter of 2024 saw GDP growth decelerate to 1.6%, falling short of the 2.2% forecast and down from the previous quarterâs 3.4%. Concurrently, the US Core PCE inflation index climbed from 2.0% to 3.7%.
Fed Chair Jerome Powell stated that recent data does not make the Fed more confident, suggesting a longer timeline to regain economic stability. He expressed belief in the adequacy of current policies to navigate the risks at hand, hinting at sustained high-interest rates without increases.
Bitcoinâs trajectory mirrored these economic uncertainties, dropping below $62,000 earlier in the week due to renewed stagflation worries.
A brief rally above $64,000 occurred with the launch of spot Bitcoin and Ethereum ETFs in Hong Kong yesterday, but the momentum was short-lived as investor caution set in ahead of the Fedâs key decision.
$BTC #BTC #Bitcoin
Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrowâs Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.
The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cutâthe first in over a decadeâwhile a dominant 95.6% anticipate rates to hold steady between 525-550 basis points.
According to The Kobeissi Letter, current market data indicates a 36% probability that there will be no interest rate cuts this year. Four months ago, the likelihood of maintaining current rates was only about 3%.
Expectations have also shifted to just one reduction this year. Previously, the market anticipated six rate cuts. Additionally, the probability of experiencing two or more rate cuts has diminished to 31%.
đș Stagflation risk
Amidst this financial climate, the US grapples with stagflation risks as inflation persists and economic growth slows.
The first quarter of 2024 saw GDP growth decelerate to 1.6%, falling short of the 2.2% forecast and down from the previous quarterâs 3.4%. Concurrently, the US Core PCE inflation index climbed from 2.0% to 3.7%.
Fed Chair Jerome Powell stated that recent data does not make the Fed more confident, suggesting a longer timeline to regain economic stability. He expressed belief in the adequacy of current policies to navigate the risks at hand, hinting at sustained high-interest rates without increases.
Bitcoinâs trajectory mirrored these economic uncertainties, dropping below $62,000 earlier in the week due to renewed stagflation worries.
A brief rally above $64,000 occurred with the launch of spot Bitcoin and Ethereum ETFs in Hong Kong yesterday, but the momentum was short-lived as investor caution set in ahead of the Fedâs key decision.
$BTC #BTC #Bitcoin
SquareAlphaDaily:
"BTC holding this zone like a champ â feels like the calm before a serious breakout. Whoâs loading up here? đ #BTC"
đĄïž 3 Cryptocurrencies That Resist the Bear Market: BTC, BNB, and XRP
Not every crypto survives a bear market. But three major assets stand out for their resilience and real-world utility:
âž»
â Bitcoin (BTC)
The most secure and established crypto. Seen as a digital store of value, itâs usually the first to recover and is widely adopted by institutional investors.
âž»
â BNB (Binance Coin)
Used across the Binance ecosystem, BNB remains in demand even during downturns. Its regular token burns reduce supply and help support its value.
âž»
â XRP
Despite regulatory pressure, XRP stays strong. Itâs designed for fast and low-cost international payments, with real adoption by banks and institutions.
âž»
đ Conclusion:
BTC, BNB, and XRP remain relevant and strong through any market phase, proving that utility and adoption are key to long-term survival in crypto.
#Xrp #Btc #Bnb #AltcoinBreakout $BTC $XRP $BNB
Not every crypto survives a bear market. But three major assets stand out for their resilience and real-world utility:
âž»
â Bitcoin (BTC)
The most secure and established crypto. Seen as a digital store of value, itâs usually the first to recover and is widely adopted by institutional investors.
âž»
â BNB (Binance Coin)
Used across the Binance ecosystem, BNB remains in demand even during downturns. Its regular token burns reduce supply and help support its value.
âž»
â XRP
Despite regulatory pressure, XRP stays strong. Itâs designed for fast and low-cost international payments, with real adoption by banks and institutions.
âž»
đ Conclusion:
BTC, BNB, and XRP remain relevant and strong through any market phase, proving that utility and adoption are key to long-term survival in crypto.
#Xrp #Btc #Bnb #AltcoinBreakout $BTC $XRP $BNB
#Btc
Bitcoinâs recent price action has continued its upward trajectory, with the asset trading as high as above the $120,000 price mark in the past 24 hours. The move suggests persistent bullish momentum following a period of sharp decline earlier this week. As the price inches closer to its all-time high, on-chain data is starting to paint a picture of solid transactional support behind the price movement. In particular, analysts have begun highlighting a divergence between Bitcoinâs market value and its underlying network activity
Bitcoinâs recent price action has continued its upward trajectory, with the asset trading as high as above the $120,000 price mark in the past 24 hours. The move suggests persistent bullish momentum following a period of sharp decline earlier this week. As the price inches closer to its all-time high, on-chain data is starting to paint a picture of solid transactional support behind the price movement. In particular, analysts have begun highlighting a divergence between Bitcoinâs market value and its underlying network activity
Altcoin Season Returns? Bitcoin Consolidates With ETH, SUI, SEI Among Those Taking Charge
Altcoin Season Returns? Bitcoin Consolidates With ETH, SUI, SEI Among Those Taking Charge
A continued altcoin season will depend on whether BTC continues to tread water near record highs or begins to break levels of support or resistance.
By Oliver Knight|Edited by Stephen Alpher
Crypto total market cap excluding BTC (TradingView)
Crypto total market cap excluding BTC (TradingView)
Read More
What to know:
Altcoin season indicators are flashing as capital rotates from bitcoin into altcoins, with CryptoQuantâs MVRV-based gauge signaling altcoin momentum for consecutive weeks for the first time in more than a year.
Layer-1 tokens like SUI (+36%), SEI (+41%), and Ether (+23.3%) are leading gains, while meme coin dominance has declined, showing a shift toward projects with real activity.
Sustained Bitcoin consolidation above $112,000 could fuel further altcoin rallies, but sharp BTC moves risk draining liquidity from other cryptos.
Bitcoin triumphantly formed a series of fresh record highs last week, eventually topping out just shy of $124,000 as profit taking emerged. The rise has paved the way for what many are describing as the latest "altcoin season," which involves crypto tokens other than bitcoin making often exponential moves to the upside.
The recent bitcoin bull market has just been that: a bitcoin bull market with altcoins taking the back seat as institutions rallied around spot bitcoin ETFs and BTC-based treasuries.
Congresswoman Says Jerome Powell's Firing Is 'Imminent'
STORY CONTINUES BELOW
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But there has been a change in behavior this week. Several altcoins have posted gains of between 50% and 80% as capital begins to flow from the world's dominant crypto to more speculative bets.
Ether had a good week on the back of a wave of institutional interest, rising by 23.3% compared to bitcoin's 9.3% gain. Other layer-1 blockchains like SEI and SUI also performed well, increasing by 41% and 36%, respectively.
Are we in an altcoin season?
Altcoin seasons in previous bull markets have been a culmination of euphoria, speculative and viral moves often led by crypto influencers and celebrities. This time around it appears more precise and surgical, altcoins tied to projects with a lot of activity like SUI are the tokens moving.
The data is also showing early signs of an altcoin season, CryptoQuant's MRVR-based altcoin season indicator has ticked into altcoin season for consecutive weeks for the first time since June 2024, indicating a shift in momentum.
MVRV shows the market value's relative position to BTC and ETH, during previous bullish cycles the indicator was in an altcoin season for months at a time.
MRVR-based altcoin season indicator (CryptoQuant)
MRVR-based altcoin season indicator (CryptoQuant)
Read More
Furthermore, the meme coin dominance chart has been on a significant downtrend since the turn of the year after botched meme coins issued by U.S. President Donald Trump and First Lady Melania Trump.
The shift away from meme coins suggest that the this period of the cycle may be categorized by tokens tied to projects with merit rising as opposed to speculative high and euphoria.
Memecoin dominance (CryptoQuant)
Memecoin dominance (CryptoQuant)
CoinDesk's CD20 index has also outperformed the CD5 index, the latter of which just considers BTC, ETH, XRP, SOL and ADA while the CD20 includes more altcoins, further demonstrating a transition into a bullish market for altcoins.
CoinMarketCap's altcoin season barometer has also ticked up to 36 out of 100, a level seen just once in the past 90 days.
What happens next
The altcoin market is still heavily reliant on BTC. If bitcoin continues to consolidate above prior record highs at $112,000, altcoins are primed for a continued move to the upside.
However, if bitcoin continues its ascent into unchartered territories, or if it breaks below $112,00, the altcoin market will underperform against BTC.
This is because altcoins lack sufficient liquidity to deal with major price swings and if BTC continues to move to the upside, capital will be allocated to chasing that rally while altcoins take a back seat.
altcoin
alt season
Bull Market
Oliver Knight
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
Oliver Knight
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A continued altcoin season will depend on whether BTC continues to tread water near record highs or begins to break levels of support or resistance.
By Oliver Knight|Edited by Stephen Alpher
Crypto total market cap excluding BTC (TradingView)
Crypto total market cap excluding BTC (TradingView)
Read More
What to know:
Altcoin season indicators are flashing as capital rotates from bitcoin into altcoins, with CryptoQuantâs MVRV-based gauge signaling altcoin momentum for consecutive weeks for the first time in more than a year.
Layer-1 tokens like SUI (+36%), SEI (+41%), and Ether (+23.3%) are leading gains, while meme coin dominance has declined, showing a shift toward projects with real activity.
Sustained Bitcoin consolidation above $112,000 could fuel further altcoin rallies, but sharp BTC moves risk draining liquidity from other cryptos.
Bitcoin triumphantly formed a series of fresh record highs last week, eventually topping out just shy of $124,000 as profit taking emerged. The rise has paved the way for what many are describing as the latest "altcoin season," which involves crypto tokens other than bitcoin making often exponential moves to the upside.
The recent bitcoin bull market has just been that: a bitcoin bull market with altcoins taking the back seat as institutions rallied around spot bitcoin ETFs and BTC-based treasuries.
Congresswoman Says Jerome Powell's Firing Is 'Imminent'
STORY CONTINUES BELOW
Don't miss another story.
Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Enter your Email
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.
But there has been a change in behavior this week. Several altcoins have posted gains of between 50% and 80% as capital begins to flow from the world's dominant crypto to more speculative bets.
Ether had a good week on the back of a wave of institutional interest, rising by 23.3% compared to bitcoin's 9.3% gain. Other layer-1 blockchains like SEI and SUI also performed well, increasing by 41% and 36%, respectively.
Are we in an altcoin season?
Altcoin seasons in previous bull markets have been a culmination of euphoria, speculative and viral moves often led by crypto influencers and celebrities. This time around it appears more precise and surgical, altcoins tied to projects with a lot of activity like SUI are the tokens moving.
The data is also showing early signs of an altcoin season, CryptoQuant's MRVR-based altcoin season indicator has ticked into altcoin season for consecutive weeks for the first time since June 2024, indicating a shift in momentum.
MVRV shows the market value's relative position to BTC and ETH, during previous bullish cycles the indicator was in an altcoin season for months at a time.
MRVR-based altcoin season indicator (CryptoQuant)
MRVR-based altcoin season indicator (CryptoQuant)
Read More
Furthermore, the meme coin dominance chart has been on a significant downtrend since the turn of the year after botched meme coins issued by U.S. President Donald Trump and First Lady Melania Trump.
The shift away from meme coins suggest that the this period of the cycle may be categorized by tokens tied to projects with merit rising as opposed to speculative high and euphoria.
Memecoin dominance (CryptoQuant)
Memecoin dominance (CryptoQuant)
CoinDesk's CD20 index has also outperformed the CD5 index, the latter of which just considers BTC, ETH, XRP, SOL and ADA while the CD20 includes more altcoins, further demonstrating a transition into a bullish market for altcoins.
CoinMarketCap's altcoin season barometer has also ticked up to 36 out of 100, a level seen just once in the past 90 days.
What happens next
The altcoin market is still heavily reliant on BTC. If bitcoin continues to consolidate above prior record highs at $112,000, altcoins are primed for a continued move to the upside.
However, if bitcoin continues its ascent into unchartered territories, or if it breaks below $112,00, the altcoin market will underperform against BTC.
This is because altcoins lack sufficient liquidity to deal with major price swings and if BTC continues to move to the upside, capital will be allocated to chasing that rally while altcoins take a back seat.
altcoin
alt season
Bull Market
Oliver Knight
Oliver Knight is the co-leader of CoinDesk data tokens and data team. Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet. He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK. He does not currently have any crypto holdings.
Oliver Knight
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#Btc #CryptoRegulation #BullRunStart #Binance #Write2earn
đš BREAKING: Investing legend Gary Cardone just made a bold call
âBitcoin is heading to $1,000,000 within 2 years. Itâs about to break every model we knowâ đ„
#Bitcoin #CryptoNews #BTC
âBitcoin is heading to $1,000,000 within 2 years. Itâs about to break every model we knowâ đ„
#Bitcoin #CryptoNews #BTC
I asked A.I. to predict the price of Solana until 2026 đ
NOW
đ 48âHour Price Outlook
According to data from Traders Union, the anticipated trajectory is:
24âhour forecast: +0.31%, reaching around $177.60
48âhour forecast: +1.85%, around $180.32
CoinMarketCap
+9
Traders Union
+9
FXStreet
+9
That suggests a modest climb of nearly $3 over the next two days. #BTC #solana #Binance $SOL $BTC $XRP
NOW
đ 48âHour Price Outlook
According to data from Traders Union, the anticipated trajectory is:
24âhour forecast: +0.31%, reaching around $177.60
48âhour forecast: +1.85%, around $180.32
CoinMarketCap
+9
Traders Union
+9
FXStreet
+9
That suggests a modest climb of nearly $3 over the next two days. #BTC #solana #Binance $SOL $BTC $XRP
When I first got into crypto, I thought I was gonna be rich in a week. Truth is, I made a bunch of dumb mistakes that couldâve been avoided. So if you're just getting started, read this before you FOMO into something random.
1. Never go all in on one coin. I did that with $DOGE back in 2021 and watched it crash while I sat there holding the bag.
2. Donât blindly copy influencers. Just because someone has a big following doesn't mean they know what they're doing. Learn to read charts and think for yourself.
3. Use stop-losses. Always. I used to âjust watchâ the chart and ended up taking 40% losses. Donât be that guy.
4. Start small and learn. Donât trade with your whole savings. Try with small amounts while you learn how the market moves.
5. Control your emotions. Greed and fear will wreck you faster than any scam coin. Stay calm and stick to your plan.
Iâm still learning, but if this helps at least one beginner avoid getting wrecked, then thatâs a win. #CryptoTips #BeginnerGuide #Trading101 #BinanceSquare #BTC
1. Never go all in on one coin. I did that with $DOGE back in 2021 and watched it crash while I sat there holding the bag.
2. Donât blindly copy influencers. Just because someone has a big following doesn't mean they know what they're doing. Learn to read charts and think for yourself.
3. Use stop-losses. Always. I used to âjust watchâ the chart and ended up taking 40% losses. Donât be that guy.
4. Start small and learn. Donât trade with your whole savings. Try with small amounts while you learn how the market moves.
5. Control your emotions. Greed and fear will wreck you faster than any scam coin. Stay calm and stick to your plan.
Iâm still learning, but if this helps at least one beginner avoid getting wrecked, then thatâs a win. #CryptoTips #BeginnerGuide #Trading101 #BinanceSquare #BTC
VFO1977:
eres un sol... gracias
đšBREAKING: The US White House confirms President Trump supports a de minimis tax exemption for #bitcoin  payments.
This means that small $BTC  transactions would be tax-exempt, simplifying everyday crypto purchases and reducing administrative burdens for users and businesses.
âWhatâs your take on this? Drop your thoughts or questions in the comments belowâIâd love to hear from you!â
âIf you found this helpful, donât forget to follow me for more daily crypto insights and tips!â
#BTC
#USCryptoWeek
#BinanceHODLerC
#BTCWhaleTracker
$BTC
This means that small $BTC  transactions would be tax-exempt, simplifying everyday crypto purchases and reducing administrative burdens for users and businesses.
âWhatâs your take on this? Drop your thoughts or questions in the comments belowâIâd love to hear from you!â
âIf you found this helpful, donât forget to follow me for more daily crypto insights and tips!â
#BTC
#USCryptoWeek
#BinanceHODLerC
#BTCWhaleTracker
$BTC
$BTC
**đš Bitcoin Alert: $BTC Takes a Tumble Below $118K!**
Uh-oh, Bitcoin fam â weâve got some *spicy* red candles cooking up trouble! đŻïžđ¶ïž $BTC just slipped under **$118K**, and the selling pressure is piling up fast.
### **Hereâs the Tea â**
- **Back-to-back red candles** = Bears are throwing punches đ„
- **Market mood?** A little shaky â like your hands after that third espresso âđ
- **Next key level?** Watch closely â things could get *extra* interesting soon!
### **What Now?**
- **HODLers:** Breathe deep â this might just be a healthy pullback!
- **Traders:** Keep those alerts ON â volatility = opportunity!
- **Newbies:** Donât panic! Bitcoinâs done this dance *many* times before.
**#Bitcoin #BTC #Crypto #Trading #HODL**
đ **Think this is just a quick dip or the start of something bigger?
Drop your take below!** đ
**đš Bitcoin Alert: $BTC Takes a Tumble Below $118K!**
Uh-oh, Bitcoin fam â weâve got some *spicy* red candles cooking up trouble! đŻïžđ¶ïž $BTC just slipped under **$118K**, and the selling pressure is piling up fast.
### **Hereâs the Tea â**
- **Back-to-back red candles** = Bears are throwing punches đ„
- **Market mood?** A little shaky â like your hands after that third espresso âđ
- **Next key level?** Watch closely â things could get *extra* interesting soon!
### **What Now?**
- **HODLers:** Breathe deep â this might just be a healthy pullback!
- **Traders:** Keep those alerts ON â volatility = opportunity!
- **Newbies:** Donât panic! Bitcoinâs done this dance *many* times before.
**#Bitcoin #BTC #Crypto #Trading #HODL**
đ **Think this is just a quick dip or the start of something bigger?
Drop your take below!** đ
1Oriente:
Un descenso por el asueto del fin de semana,el dĂa lunes tendremos un panorama mĂĄs claro, esperemos.
"Main restaurant mein hoon, lekin dimaag ab bhi charts par hai. đ§ đ
BTC long position open hai â aur profit green mein! â
Trading sirf screen par nahi, mindset mein hoti hai.
Jahan baithne ka style ho classy aur focus ho laser-sharp,
wahi bante hain real winners! đčđ„
#CryptoLife #BTC #Binance #TraderMindset #Discipline #Profit #HustleMode"
BTC long position open hai â aur profit green mein! â
Trading sirf screen par nahi, mindset mein hoti hai.
Jahan baithne ka style ho classy aur focus ho laser-sharp,
wahi bante hain real winners! đčđ„
#CryptoLife #BTC #Binance #TraderMindset #Discipline #Profit #HustleMode"
We have to cancel #BTC buy setup that we planned at 116.1 yesterday. Main reason is that it is now holding above range that we mentioned yesterday so if it has any more bounce due than it has to hold above $120K if it hold above we will check volume and plan a new trade
If it drop below $117K it can go more down up to $115K so it is better to cancel any buying plan and wait for better opportunity
Also same thing for Altcoins
#Bitcoin #AltcoinBreakout #BinanceHODLerC #BinanceHODLerERA
If it drop below $117K it can go more down up to $115K so it is better to cancel any buying plan and wait for better opportunity
Also same thing for Altcoins
#Bitcoin #AltcoinBreakout #BinanceHODLerC #BinanceHODLerERA
Hi Binance Suqare my Firends $BTC is going down now 116185$ like the video and plz repost and plz follow me i need your Help My firends đ #BTC #BTCđ„đ„đ„đ„đ„ #BTCè”°ćżćæ #bitcoin #Binance
$BTC SUPPLY SHOCK INCOMING â BULLISH PRESSURE BUILDING đđ„
ETF holdings (đ) surging while exchange reserves (đ ) plunge â classic signs of an upcoming supply squeeze!
The fundamentals align with a strong bullish bias ahead.
đ Support Zones:
đč $65,000
đč $59,000
đč $52,000 (Strong Demand)
đ Resistance Zones:
đč $73,000
đč $84,000
đč $100,000+ (Psychological Level)
đ° Current Price: ~$67,000 (Estimate from visual)
đ„ Trade Setup â LONG
đž Entry: $66,000 â $68,000
đŻ TP1: $73,000
đŻ TP2: $84,000
đŻ TP3: $100,000
đĄ SL: $59,500
đ Risk Management:
Stick to 1-2% capital risk per position. Re-enter on dips near support. Momentum driven by ETF flows = donât fight the trend! đȘ
When demand spikes & supply vanishes... prices EXPLODE! âĄđ #Bitcoin #BTC #ETF #SupplyShock #Write2Earn! $BTC
ETF holdings (đ) surging while exchange reserves (đ ) plunge â classic signs of an upcoming supply squeeze!
The fundamentals align with a strong bullish bias ahead.
đ Support Zones:
đč $65,000
đč $59,000
đč $52,000 (Strong Demand)
đ Resistance Zones:
đč $73,000
đč $84,000
đč $100,000+ (Psychological Level)
đ° Current Price: ~$67,000 (Estimate from visual)
đ„ Trade Setup â LONG
đž Entry: $66,000 â $68,000
đŻ TP1: $73,000
đŻ TP2: $84,000
đŻ TP3: $100,000
đĄ SL: $59,500
đ Risk Management:
Stick to 1-2% capital risk per position. Re-enter on dips near support. Momentum driven by ETF flows = donât fight the trend! đȘ
When demand spikes & supply vanishes... prices EXPLODE! âĄđ #Bitcoin #BTC #ETF #SupplyShock #Write2Earn! $BTC
đš#BITCOINÂ đ„$BTC Â IS LEAVING EVERYTHING ELSE IN THE DUST
Just hold tight and enjoy the momentum.
Whatâs your take on this? Drop your thoughts or questions in the comments belowâIâd love to hear from you!
If you found this helpful, donât forget to follow me for more daily crypto insights and tips!
#BTC
#BinanceHODLerERA
#BTCWhaleTracker
$BTC
Just hold tight and enjoy the momentum.
Whatâs your take on this? Drop your thoughts or questions in the comments belowâIâd love to hear from you!
If you found this helpful, donât forget to follow me for more daily crypto insights and tips!
#BTC
#BinanceHODLerERA
#BTCWhaleTracker
$BTC
$BTC /USDT â Strong Recovery After Sharp Drop! đ„
Current Price: 118,060 USDT
#Bitcoin has bounced back from the 24H low of 116,812 after a sharp correction, showing signs of short-term bullish recovery. Buyers are attempting to reclaim momentum, and a move above 118,500 could confirm strength returning.
Support Level: 116,800
Resistance Level: 120,800
Trade Setup:
âą Entry Zone: 117,700 â 118,200
âą đŻ TP1: 119,800
âą đŻ TP2: 121,200
âą đŻ TP3: 122,800
âą Stop Loss: 116,500
Pro Tip: Keep an eye on 119K resistanceâif broken with volume, BTC could resume its rally fast!
$BTC
#BTC #bitcoin #bitcoinhit200k #AltcoinBreakout
Current Price: 118,060 USDT
#Bitcoin has bounced back from the 24H low of 116,812 after a sharp correction, showing signs of short-term bullish recovery. Buyers are attempting to reclaim momentum, and a move above 118,500 could confirm strength returning.
Support Level: 116,800
Resistance Level: 120,800
Trade Setup:
âą Entry Zone: 117,700 â 118,200
âą đŻ TP1: 119,800
âą đŻ TP2: 121,200
âą đŻ TP3: 122,800
âą Stop Loss: 116,500
Pro Tip: Keep an eye on 119K resistanceâif broken with volume, BTC could resume its rally fast!
$BTC
#BTC #bitcoin #bitcoinhit200k #AltcoinBreakout
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