Bitcoin is trading around $92.4K (+1.63%), rising alongside gold and stocks after cooler CPI data (2.7%) eased inflation fears.
Political tension is adding fuel. A reported DOJ probe into Fed Chair Jerome Powell linked to pressure for rate cuts has raised concerns over Fed independence, pushing investors toward safe havens like Bitcoin and gold.
Market snapshot:
BTC Market Cap: $1.82T | Dominance: 58.8%
S&P 500: New ATH above 6,990
Gold: Above $4,600/oz
BTC 24h Volume: $39.5B
Technical view:
RSI 64 (bullish, not overheated)
MACD bullish crossover
EMA 7/25/99 aligned upward
Support: $91.8K
Resistance: $94K → $96K
Trade bias: Bullish above $91.8K, targeting $94K, with tight risk control due to headline volatility.
Bitcoin is acting like digital gold again. 📈
#StrategyBTCPurchase #USDemocraticPartyBlueVault #BTCVSGOLD #WriteToEarnUpgrade
