Bitcoin: Wall Street Bets on Fed Rate Hike
Bitcoin at $75483.88 faces bearish signals as Wall Street bets on Fed rate hike, with implications for bonds, Trump and BTC price prediction.
SourceAnalysis
Bitcoin faces fresh pressure after Wall Street positioned for a Fed rate hike, a move that could ripple through bonds and influence Trump-era policy expectations.
Price sits at $75483.88 inside a bearish trend where the EMA50 at $77643.69 acts as resistance and the EMA200 at $74470.3 offers the next structural floor. The MACD death cross at -347.98 confirms momentum loss while RSI at 31.79 remains neutral, leaving room for further downside before oversold conditions appear. With price testing the lower Bollinger band near $75670.9, a clean break would open the path to the 200-EMA support before any relief rally. Traders watching BTC price prediction models now factor the rate-hike odds into crypto market crash scenarios and broader Bitcoin market analysis.
Decrypt
@DecryptMediaDelivers cutting-edge news and educational content on cryptocurrency, decentralized finance, and Web3 innovations for a global audience of blockchain enthusiasts.