$BTC above $97K: China injects liquidity, the market holds its breath before the Fed.

Today's rise of BTC above $97,000 is not a coincidence. The People's Bank of China has eased monetary policy, releasing $138 billion in liquidity. In addition, negotiations between the US and China are coming up to reduce trade tensions.

And already this evening — the Fed meeting and Powell's press conference. Volatility promises to be moderate, but the market is on alert: investors are waiting for signals that could set the trend for weeks ahead.

Forecasts? Standard Chartered talks about $120,000 this year, while CZ from Binance even hints at $500K–$1M in the current cycle. Spot purchases in this context are a play for the future.