📅 November 10 | United States
The most aggressive projections for Bitcoin are starting to resonate just as macroeconomic uncertainty reaches its peak. According to a new analysis by CryptoQuant, if the Federal Reserve adopts a dovish tone—that is, a more flexible and less restrictive one—and Bitcoin breaks through certain key levels, the price could head toward $112,000 with a speed that could unleash a whirlwind of euphoria… or massive sell-offs.
📖According to The Block, CryptoQuant has identified conditions that could fuel a highly bullish scenario for Bitcoin, provided two elements align. The first is the Federal Reserve's stance. If the institution sends a more dovish message, suggesting a reduction in monetary tightening or a greater willingness to ease rates, the market could interpret this as a decrease in macroeconomic pressure.
The second element is the breaking of specific technical levels that have acted as psychological barriers in recent weeks.
The analysis focuses particularly on the fact that Bitcoin is in an extremely sensitive zone, where every significant move generates amplified reactions from leveraged traders.
CryptoQuant points out that if these levels are broken decisively and accompanied by a favorable macroeconomic context, the momentum could trigger a rally that takes the price towards $112,000, a figure that until recently seemed too optimistic even for the most bullish analysts.
It also highlights that the current market reading shows volatile but not chaotic behavior. Metrics such as flows, on-chain activity, and leveraged positions create an environment where a dovish announcement could act as an immediate catalyst.
This is not an absolute prediction, but rather a “likely path” depending on the behavior of both institutional and retail investors.
Topic Opinion:
Bitcoin is at a point where every word from the Fed has an amplified impact. I believe reaching $112,000 is possible, but not without significant risks along the way.
💬 Do you think Bitcoin can reach $112,000?
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