Bitcoin closed at $115,390 last week, with $118,000 as the next hurdle. Wednesday’s Federal Reserve rate decision could spark volatility if the expected 0.25% cut is delayed.
Bitcoin Price closed last week at $111,162 after repeated rejections at $112,500. With $107,000 holding as support, analysts see a pivotal week ahead as key inflation data threatens to spark volatility.
Gain deeper insights into market cycles by mastering Bitcoin on-chain data, which illuminates the intricate patterns behind investor behavior and price movements.
Bitcoin has recently faced a 10% retracement, leading to concerns about whether the bull market is over. This article explores on-chain metrics, institutional confidence, and macroeconomic factors to determine whether Bitcoin still has room for growth or if a cycle peak has been reached.