📈 $BTC Update – Bullish Momentum Ahead?
Bitcoin (BTC) is currently trading around $84,880, showing signs of potential upside after a period of consolidation.
🔍 Market Insights:
Recent Dip: BTC fell below $80K due to concerns over U.S. tariff policies.
Fed Boost: Prices rebounded above $87K following the Federal Reserve's decision to slow quantitative tightening, increasing market liquidity.
Technical Signals: RSI indicates oversold conditions, hinting at a possible upward move.
📊 Short-Term Outlook:
Analysts expect BTC to trade between $89K and $108K, with bullish signals pointing to a potential breakout.
🚀 Is Bitcoin gearing up for another rally?
