$BTC

Current Price: $85,240.46 (+3.52%).

- Highest in 24 hours: $85,499.55.

- Lowest in 24 hours: $82,283.81.

- (RSI) at 53.59: Neutral

- MACD shows early signs of weakening bullish momentum.

- Bollinger Bands: Price is close to the upper limit, which may indicate a slight correction before continuing the upward trend.

- There are some factors that may affect Bitcoin's movement:

- Federal Reserve Decision (FOMC Meeting):

If the Fed indicates keeping interest rates high for a longer period, it may lead to selling pressure on Bitcoin and the markets.

If it hints at a near-term cut, it may boost Bitcoin's upward trend.

- Employment and Unemployment Reports in the United States:

Strong employment data means the Fed may keep monetary policy tight, which may pressure Bitcoin.

Weak data may support expectations of a rate cut, which would bolster Bitcoin.

- Movement of Traditional Markets (Stocks and Bonds):

If stocks continue to rise, we may see larger inflows into Bitcoin.

Volatility in traditional markets may lead to money leaving risky assets like cryptocurrencies.

- If economic data comes out positive for Bitcoin (such as expectations of a rate cut): We could see a test of the $86,500 – $88,000 level.

If the data is negative (such as keeping interest rates high): We may see a correction to levels of $82,500 – $80,000 before returning to the upward trend.