📈 Bitcoin Eyes $100K, But Bears Still Watching

Bitcoin is holding steady around $93,000, and most traders think it could be headed for $100,000. But it's not all rainbows yet—there is still some selling pressure and a lot of uncertainty in the big picture of the economy.

🔍 Trend Getting Stronger

One key indicator (called the DMI) shows that Bitcoin’s trend is picking up strength. That’s a good sign for the bulls. But at the same time, Bitcoin is still stuck under the Ichimoku Cloud—a tool that often shows whether a trend is strong or weak. Right now, it’s saying we’re not out of the woods yet.

📅 FOMC Meeting Could Be Huge

All eyes are now on the upcoming FOMC meeting (that’s when the U.S. Federal Reserve talks about interest rates). What Jerome Powell says could have a big impact. If he sounds more relaxed about inflation, Bitcoin could take off. If not, we might see a pullback.

💰 ETF Activity Picking Up

Spot Bitcoin ETFs are getting more action too. There’s been a spike in interest over the last few days, which might be a sign that big investors are getting ready for a move.

🐂 Bulls vs. Bears

Some traders are confident Bitcoin’s going to blast past $100K. Others are warning we could see a dip first—maybe a quick drop before a big jump. Both sides are watching closely.

❓What Now?

Can Powell's speech be the trigger that sends Bitcoin flying? Or will we get one more shakeout before the real rally begins?

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