$BTC at a Critical Juncture – What’s Next?
Bitcoin ($BTC) is consolidating near key support at **$60K**—a break below could trigger deeper corrections toward **$55K**. However, holding this level may fuel a rebound, especially if the **FOMC signals dovish policies** or ETF inflows rebound.
**Bullish Catalysts:**
- Spot BTC ETF demand resumes
- Fed rate cut expectations grow
- Whale accumulation at support
**Bearish Risks:**
- Prolonged high rates = risk-off sentiment
- Miner selling pressure
- Breakdown under $60K
Short-term traders watch for a **clear breakout or breakdown**—volatility is likely post-FOMC. Long-term? Dips remain buying opportunities.