MrHow77
#BTC Reserve Market Impact
#FedCutsRates25bps #BTCStrategicReservesImpact
Yesterday, Bitcoin dipped to 115,044 before rebounding, reaching a high of 116,071, and then moving into consolidation. The overall price action has formed a short-term downward channel, with both highs and lows gradually moving lower. However, current market sentiment leans toward consolidation.
Short-term outlook:
Price is hovering near key support, offering a rebound opportunity
A clear breakout above 116,500 could open further upside potential
A drop below 114,500 would signal the end of the rebound and renewed
#FedCutsRates25bps #BTCStrategicReservesImpact
Yesterday, Bitcoin dipped to 115,044 before rebounding, reaching a high of 116,071, and then moving into consolidation. The overall price action has formed a short-term downward channel, with both highs and lows gradually moving lower. However, current market sentiment leans toward consolidation.
Short-term outlook:
Price is hovering near key support, offering a rebound opportunity
A clear breakout above 116,500 could open further upside potential
A drop below 114,500 would signal the end of the rebound and renewed
BTC-0,2%
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