🚹 Bitcoin Eyes $118K as Fed Rate Cut Odds Hit 94%

🏛 With the Federal Reserve’s September rate cut odds soaring to 94%, Bitcoin (BTC) is now just 5% away from revisiting its all-time high.

📈 Key Drivers Behind the Surge:

‱ Macro Tailwinds – Rate cut optimism boosts risk-on sentiment

‱ Bullish Technicals – Weekly bullish engulfing pattern + breakout signals on daily chart

‱ Momentum Building – Strong buying pressure across multiple timeframes

💡 Key Price Levels to Watch:

đŸ”č $112K – First breakout threshold

đŸ”č $116K–$118K – Potential new all-time high target zone

📊 As macro conditions align with technical strength, Bitcoin could be gearing up for its next major move.

#Bitcoin #CryptoMarkets #FedRateCut #MacroFinance #DigitalAssets

https://coingape.com/markets/bitcoin-price-aims-118k-as-fed-september-rate-cut-odds-soar-to-94/