$BTC edged higher on expectations of a Federal Reserve rate cut, with analysts highlighting the importance of defending key price levels[1].
Market sentiment is buoyed by speculation around Fed policy shifts[1].
Analysts warn Bitcoin must hold critical support to avoid a deeper pullback.
On-chain data shows stress reminiscent of early 2022, according to Glassnode[3].
BTC
90,244.07
-0.07%