Bitcoin closed at $114,530 last week, reclaiming $112,200 resistance but facing stiff hurdles at $117,600 and $122,000, with FOMC and tech earnings set to drive volatility on Wednesday.
The U.S. Federal Reserve’s 25-basis-point rate cut sparked a brief bitcoin price rally to $118,000, but a bearish doji candle signals a potential reversal. Support at $111,300, with a deeper slide possible.
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