Bitcoin prices are over $106,000 This week we rekindled bullish sentiment across the market. Analysts suggest that the stars are in the highest alignment of the rally ever. From the shift Geopolitical tension To the major regulatory pivots of the US (US) Macroeconomic factors It appears to set the stage for Bitcoin’s next explosive movement.
Cerez-fire and Rate Reduction Buzz Fuel Bitcoin Price Optimism
Over the weekend, Bitcoin prices temporarily slipped, trigger A long liquidation of leveraged reds of over $200 million. However, this DIP proved to be short-lived as the flagship cryptocurrency rebounded over $100,000, following President Donald Trump. Announcement of a complete ceasefire Between Israel and Iran. This sudden escalation helped ease anxiety in the global market, pushing Bitcoin over $106,000 and pushing oil prices sharply under $77 to less than $70.
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At the same time, optimism is building it US Federal Reserve System (Fed) You may start cutting interest rates earlier than expected. CME Group’s FedWatch Tool, Crypto Analyst CW shares new data Disclosure The probability of FOM fee reductions increased to 18.6% by July 30th during the scheduled FOMC meeting.
The report reveals that 81.4% of market participants believe the Fed will not change at current levels. However, FedWatch data indicates Expectations for interest rates reduced by September FOMC Meeting79% bet on a decline, with only 21.3% expecting no change.
In particular, low interest rates generally benefit risky assets such as Bitcoin by increasing liquidity and increasing investor sentiment. and Geopolitical detension And perhaps Bitcoin, a loose monetary policy on the horizon, could gain even more momentum, potentially rising to $110,000.
Supporting this bullish prediction, crypto analyst Justin Bennett I’ll suggest That bitcoin is preparing for a Gathering towards a new ass $110,000 following recent recalls at the key 103,500 level. A retracement to about $102,500 is still possible, but Bennett believes the next move could be a parabolic once the support around $103,400 will be formed during Monday’s expansion.
Regulators cement Bitcoin’s position in TRADFI
Beyond Expected rate reduction With the announcement of the ceasefire, the US Fed recently made a groundbreaking policy shift that could have a deep, long-term impact on Bitcoin and the broader crypto market. by Removal of “reputation risk” The Fed has effectively ended its key pillar as a factor in assessing access to Crypto companies to banking services Operation Checkpoint 2.0– A campaign that restricts over 30 crypto and fintech companies from traditional financial infrastructure.
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This recent change Clear the path to greater institutional involvement in cryptography. The Secretary of Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) follow suit. Green light It allows banks to participate in the cryptocurrency activities and digital asset markets without prior approval. Together, these moves not only justify the crypto industry, but also accelerate demand, Capital flows into Bitcoinwhich will boost potentially already important assessments.
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