Bitcoin down after the FOMC gathering, but the possibility of increasing the bull rises
Investors get profits Bitcoin (BTC) After FOMC, but the data on the series indicates otherwise. Other prominent encrypted currencies, such as ETHEREUM (ETH) and Solana (Sol)It also witnessed significant decreases. but, You see (TRX) and Toncoin (tons) The only assets in the sector were to show gains, each registered with an increase of 2 %.
Despite the correction, the possibility that Bitcoin exceeds $ 100,000 by June 30 30 %.
Predictions on Bitcoin price (BTC) after profit
In the Asian morning, on Friday, cryptocurrencies witnessed a decrease after the day gathering, in line with analysts’ expectations. total, The market for encryption decreased by 3.2 %, with BTC He decreased from 86,000 to less than 84,000 dollars. ETH also suffered a loss, less than $ 2000 decreased, and Sol recorded a 5 % sharp decrease.
XRP continued its previous phase of the decrease, wetting 10 % profit on Wednesday and lowering it to a weekly increase of 4.8 %. On the other hand, Binance Coin (BNB) has maintained the direction of the bull, with weekly gains exceeding 8 %.
Market movements followed a dynamic signed by many traders, who expected a decline after the initial enthusiasm regarding a decision Federal Open Market Committee (FOMC) Not to announce the discounts in interest rates.
Ton and Toncoin Buck the Trend: TRX and Ton grows by 2 %
Among the few Criptovalute to record gains, You see (TRX) and Toncoin (tons) He saw 2 % increase. TRX first appeared in Solana on Thursday evening, an initiative aimed at expanding the user base.
Meanwhile, Toncoin’s growth was fed by increasing demand from retailers. This interest follows a announcement from Toncoin FoundationAccording to any major investment capital companies they committed recently 400 million dollars for the project.
These developments have helped maintain attention to TRX and Ton Lively, despite the direction of the general bear bear.
The role of FOMC and the influence on the direction of bitcoin
Last Wednesday, the Federal Open Market Committee meeting was an incentive for the market, which prompted Bitcoin to more than $ 85,000. The lack of communication with regard to new interest rate discounts has generated an initial bull wave. However, the market morale is calm at a later time.
The Federal Reserve announced its intention reduction “Quantitative“The program begins in April. According to the QCC Capital analysts, this decision can be explained by merchants as an indirect signal of price cuts, with a possible positive impact on the demand for risky assets such as Bitcoin.
As a result, the options market began to put itself strategically, indicating an increase in confidence in the BTC capabilities for the coming months.
Bitcoin at $ 100,000 by June? The possibilities are increasing
According to Dr. Sean Dawson, Head of Search in the Derive.xyz Options Platform, The possibility that Bitcoin has exceeded $ 100,000 by June 30 from 20 % to 30 % in the past 24 hours.
This increase was reflected in the positive expectations of investor’s behavior in bitcoin and ethnic options. For BTC, 34 % of the circulating folders consist of the purchases of the hedge options, It still reflects a certain caution.
For ETH, approximately 60 % of the options circulated on DERIVE.XYZ were calls (purchases), indicating the presence of more eurly morale. However, the possibility that ETH remains above $ 2000 by the end of June has decreased from 40 % to about 50 %.
This data highlights the increasing uncertainty among investors, who balance the bull parking with the need to protect their positions.
Technical levels and possible market developments
The most prominent Alex Cobsikivic, an analyst at FXPro, the decisive level of $ 80,000 as basic support for Bitcoin.
According to Kuptskevich, the coded currency market has not exceeded 200 days, currently Nearly $ 2.9 trillion in total value. A decisive break may lead to this level A more aggressive purchase stage.
However, merchants remain cautious, as the Bear market has already created many “bull traps” in the past. If Bitcoin is able to stay over the current resistance levels, it may encourage this Renewed interest in buying Altcoins and Memecoins, which is currently in the corrective stage.
HTML
Conclusions
“
The cryptocurrency market continues to show mixed signals after the initial enthusiasm of the Federal Reserve decisions. Bitcoin has seen a decrease less than $ 84,000 due to profits, but future growth expectations are still strong.
Some analysts see a level 80,000 dollars as a major monitoring point, While the increase in the possibility that BTC will exceed $ 100,000 by June indicates that the options market is betting on the continued direction of the bull.
At the same time, TONCOIN has emerged as flexible origins, indicating Some investors continue to identify opportunities in the sector despite the recent turmoil. With the constant development of global economic expectations, market operators will continue to monitor the upcoming developments of the Federal Reserve and critical technical movements in Bitcoin.