🌟Bitcoin Explosion Moment! Interest rate cut probability soars to 60%, BTC surges towards 100,000! 🚀😱

The Federal Reserve's interest rate cut expectations are heating up, Bitcoin (BTC) made a strong push to 95,000 USD on May 1st! The market is buzzing, is a skyrocketing surge about to come?

⚡ Market Ignition:

Interest rate cut probability surges: The probability of an interest rate cut by the FOMC on June 18 jumped from 57% to 60%, fueled by GDP contraction igniting easing expectations!

BTC rebound: After dropping below 93,000 USD, it quickly recovered, with Cointelegraph data showing a strong resurgence!

Historical patterns: Before the interest rate cut in December 2024, BTC skyrocketed by 20%, and the tide of risk assets is returning!

📊 Technical Outlook:

Key threshold: 95,000 USD has become a critical line, breaking through could lead directly to the psychological barrier of 100,000 USD!

Strong support: 111-day SMA (91,300 USD) and STH cost (93,200 USD) have been recovered, Glassnode states that consolidation is building momentum!

Risk warning: Falling below 93,000 USD, BTC may explore the range of 84,000-88,000 USD!

🧠 My Insights:

Interest rate cut expectations are like rocket fuel, BTC is gearing up to sprint for 100,000! Analyst AlphaBTC predicts a breakthrough at 96,000 USD is imminent, the employment report on May 2nd will stir new waves! A drop below 93,000 USD warrants caution!

💬 What do you think?

Chasing at 95,000 USD betting on 100,000?

Or holding at 93,000 USD to guard against a pullback?

The BTC frenzy sweeps in, ready for takeoff! 🔥