#MarketUpdate 📊
🚨 #Fed cuts rate by 25bps (➡️ 4.00–4.25%) — big impact incoming!
💰 Bitcoin holds strong near $114K, backed by $260M ETF inflows despite 2.9% inflation 📈
📉 Lower rates reduce cost of holding non-yielding assets like $BTC
💵 Dollar weakness ➡️ Bitcoin gaining strength as inflation hedge
🏦 Institutions keep buying BTC ETFs even in uncertainty
🎯 Key Levels:
Support/Resistance: $114K
Bullish breakout: $120K 🚀
Downside risk: $108K ⚠️
🧐 Sentiment:
Cautious optimism after cuts
Short-term volatility risk from Fed divisions
Long-term bullish: Bitcoin = hedge vs dollar devaluation
✅ Strategy:
Watch for surprises (50bps cut or hawkish Fed talk)
#altcoins with strong fundamentals could outperform