Federal Reserve Governor Waller hints at possible interest rate cuts by the end of 2025, market expects to start easing policies in September.
Today, Bitcoin price broke the historical high, reaching $124,500.
Short-term support is at 120,205. 1214 short-term long entry point. A short-term rebound at support can be a short long position. Take profit around 123. Stabilizing around 12.2, target price 126,000.
Key support level 118,800-119,000. Breaching the key support level requires unconditional exit.