📉 As Bitcoin hovers around $103,000 after its recent all-time high of $111,970, the next major catalyst might come from the U.S. Federal Reserve. Analysts are eyeing the Fed’s upcoming rate decision as a make-or-break moment for BTC’s path to $112K and beyond.
🔍 Key Highlights:
📌 Fed Policy = Bitcoin Trajectory?
→ Analyst Carlo Pruscino believes that a surprise interest rate cut could ignite a strong breakout rally for BTC — potentially launching it past the $112,000 level.
📌 Current Market Sentiment
→ Despite a recent dip, BTC remains in a bullish long-term trend.
→ Traders are pricing in a 97.5% chance the Fed holds rates this June, but a surprise move could flip the script.
📌 Macro Triggers at Play
→ Trade tensions, weak GDP data, and inflation fears are keeping investors cautious.
→ Any dovish shift by the Fed could improve risk appetite — good news for crypto bulls.
📌 Institutional Buying Continues
→ Bitcoin ETFs see steady inflows.
→ Public companies and asset managers are adding BTC to their treasuries, eyeing it as a hedge.
📌 Jobs Data = Critical
→ The upcoming U.S. jobs report could sway the Fed’s tone.
→ Weak labor data = higher chance of a rate cut = 🚀 for Bitcoin.
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📊 BTC Technical Levels to Watch:
🔻 Support: $101,500
🔺 Resistance: $112,000
⚠️ Break above $112K could trigger parabolic move
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💡 Conclusion:
Bitcoin’s next leg up might not be technical — but political. Keep a close eye on Jerome Powell and the FOMC — the next BTC breakout may be decided in Washington, not on-chain.
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