Bitcoin Gains Momentum as Fed Pauses Rates

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Bitcoin price trajectory is primed to benefit from both macroeconomic and crypto derivatives trends, said new research from CryptoQuant.

Bitcoin bulls could gain from the Fed’s decision to hold interest rates, given historical tendencies, new analysis says.

Falling Binance open interest with BTC/USD making higher lows could add to potential upside momentum.

Order book liquidity leads analysis to forecast a short squeeze to take out $106,000.

Bitcoin should show “bullish tendencies” as the dust settles on the Federal Reserve’s interest-rate freeze, research says.

In one of its “Quicktake” blog posts on Thursday, onchain analytics platform CryptoQuant saw new tailwinds entering for BTC price action.

Bitcoin can gain from Fed policy, Binance OI trend


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