BTC Insight

Bitcoin briefly soared past $94,000 before a slight correction. Market sentiment remains strong due to the FOMC event, new regulations, and increasingly aggressive institutional movements. Here’s the summary 👇

🔥 Positive Aspects

US regulations are becoming clearer: OCC allows banks to act as intermediaries for crypto transactions, institutional access is widening.

More than 403,000 BTC have left exchanges since Dec 2024. Supply pressure is tightening.

EMA 7 has crossed up EMA 25 & 99 → the bullish technical signal is still valid.

⚠️ Risks & Pressures

History doesn’t lie: 6 out of 7 FOMC meetings this year ended with an average BTC correction of 15%.

MACD is weakening & RSI 6 is at level 40 → bullish momentum is starting to lose steam.

The area of $91,500–$92,000 remains a strong wall + spot ETF recorded an outflow of $60 million.

💬 Community Sentiment

A mix of optimism due to the potential Fed rate cut and the euphoria of breaking $94K, but still cautious of the “post-FOMC dump” effect.