📉 Bitcoin Holds Steady: The $90,000 Support Is Being Tested
Following the sharp volatility triggered by the Fed's decision to enter a rate-cut cycle, Bitcoin ($BTC) is closing the week on a calm, slightly negative trend.
Support and Resistance: BTC is currently trying to hold onto the critical psychological level of around $90,000. Analysts suggest that if this level breaks, the next strong support lies near $87,000. The bulls' goal remains to breach the $95,000 resistance, which proved difficult last week.
Volatility Expectation: High volatility is expected to return to the crypto market in the coming week, as interest rate decisions from the central banks of Japan (BoJ), the UK (BoE), and the Eurozone (ECB) will directly impact global liquidity.$BTC
