Bitcoin is currently stuck in the strong resistance of $93K–$94K, and the Fed's rate cut will determine its next big move.
If the price breaks above $94,200, a rally to $97K, $100K, and $104K is possible.
A confirmed breakout above this level is necessary for a long.
If the price drops below $91,200, a decline to $90,500, $88K, and $85K is possible.
A short will only be strong if the $93K support is lost.
This news event will bring high volatility, so avoid FOMO.
It's better to wait for a breakout or breakdown.
$ETH and $SOL will also move in the same direction as BTC.
