#Bitcoin  just bounced back above $90K after dipping to $88K — and the timing isn’t random. With quantitative tightening ending, and a 25 bps rate cut expected after next week’s FOMC, the macro setup is turning dovish. That’s usually fuel for risk-on assets… and yes, $BTC is first in line. 🚀

On-chain signals are starting to confirm a local bottom:

• Futures Market Power hit 56.5 — a bull signal. A break above 60 would confirm upward momentum 📈

• Coinbase Premium Index stays positive → strong U.S. spot demand

• Long-term holders (CDD) remain quiet → no major profit-taking yet

But there’s a catch: 25% of BTC supply is in unrealized loss. For a structural shift, BTC must reclaim $106.2K.

Momentum is building… but confirmation is still ahead. 👀

#BTC  #BTCVSGOLD #BinanceBlockchainWeek #WriteToEarnUpgrade $BTC

BTC

89,695.41

+0.36%