Bitcoin gets Fed rate pause tailwind as BTC eyes $106K short squeeze

CryptoQuant’s analysis shows that Bitcoin’s price is set to gain from the Fed’s rate pause. Historically, such actions have led to positive price trends, fueling the outlook for 2025.

Market indicators demonstrate rising bullish sentiment, aiming for a $106,000 target. The decrease in open interest on Binance adds to the optimism for Bitcoin’s short-term future.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts