Key Updates
1. Recent Price Movement & Fed Rate Cut
Bitcoin rallied ~1% after the U.S. Federal Reserve cut interest rates by 25 basis points. The move pushed BTC to around $117,000–$117,500.
2. Support & Momentum
BTC has bounced back from key support levels. With renewed risk-on sentiment and hopes that the Fed’s dovish stance will lead to more easing ahead, there’s growing momentum for a possible push toward $120,000.