$BTC – MARKET REMAINS CALM DESPITE FED RATE CUT 🟢

Bitcoin is showing a neutral stance despite the Fed’s 25bps interest rate cut. Price remains range-bound near $117,000, reflecting cautious investor sentiment. The market is digesting liquidity changes, and until a clear breakout occurs, sideways movement is likely.

Trade Setup:

Long Entry: On sustained support near $116,500

Short Entry: On rejection from resistance around $118,000

Take Profit (TP): T1 = $117,800 / T2 = $118,500 / T3 = $119,200

Stop Loss (SL): Below $116,000 for longs / Above $118,500 for shorts

Market Outlook:

$BTC is consolidating, awaiting catalysts for the next directional move. Traders should watch volume and key levels for breakout signals.

#Bitcoin #BTC #CryptoTrading #FedUpdate #MarketNeutral $BTC

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