$BTC – BULLISH MOMENTUM AHEAD AS FED DOVISH SIGNALS STIR BUYERS
Bitcoin is consolidating above key support, and Novogratz’s bullish bet on a dovish Fed adds fuel to the narrative. The chart shows strong demand zones holding, while moving averages point to an imminent breakout. If macro catalysts align, $BTC could be poised for liftoff into higher ranges.
Trade Setup:
Long Entry: $64,800 – $65,500
Take Profit (TP1): $68,000
Take Profit (TP2): $70,500
Take Profit (TP3): $74,000
Stop Loss (SL): $62,800
Market Outlook:
Bullish outlook as dovish Fed speculation boosts risk appetite. Sustained volume above $66,000 could trigger a strong rally. If $BTC loses $63K support, expect short-term weakness before recovery.