đ Bitcoin's recent dip to $96,000 post-Fed announcement has triggered a key indicator, hinting at a possible end to the current pullback. The Fed's decision to cut rates but limit future cuts has influenced BTC's nearly 10% drop from its peak of $108,266.
- A bearish crossover of the 50-hour and 200-hour SMAs suggests potential for a deeper pullback, yet bulls remain hopeful for a rebound above $100,000.
- Resistance is expected near $10,600, with a breakthrough possibly leading to record highs.
Will BTC bounce back or face further declines? Share your thoughts in the comments! đ