Bitcoin is holding firm above the $113,000 level as bulls attempt to regain control, though market indecision continues to dominate price 0 the Federal Reserve set to announce its next interest rate decision on Wednesday, traders and investors are closely watching for signs of a potential rate cut — a move that could inject fresh optimism into risk assets, including 1 broader market remains cautious yet hopeful. A dovish tone from the Fed could reinforce the narrative of easing financial conditions, potentially paving the way for a stronger Bitcoin rally in the coming 2 the other hand, a more neutral or hawkish stance might prolong current 3 to the growing optimism, top analyst Axel Adler highlighted a key market shift: the Bitcoin Bull-Bear Structure Index has moved above zero for the first time since October 4 index, which measures the balance between bullish and bearish dynamics based on both price action and on-chain data, suggests that momentum may be starting to tilt in favor of 5 Sentiment Turns Positive as Bitcoin Faces a Pivotal Week According to Axel Adler, the Bitcoin Unified Sentiment Index — a composite measure based on CoinGecko Up/Down votes and the Fear & Greed Index — has recently moved into positive territory, signaling a notable shift in investor 6 alignment between sentiment and on-chain dynamics often marks the beginning of renewed confidence across the 7 both behavioral and structural indicators converge, it typically reflects that investors are starting to position for potential upside after a phase of fear and 8 development comes at a critical 9 upcoming Federal Reserve interest rate decision could significantly influence global liquidity conditions.
A dovish move, such as maintaining rates or signaling cuts, would likely act as a tailwind for Bitcoin and risk assets, as lower yields generally drive capital toward alternative stores of value. Conversely, a more cautious stance could delay a breakout, keeping Bitcoin range-bound in the short 10 a macro and technical perspective, Bitcoin’s consolidation around the $113K–$115K zone sets the stage for a decisive 11 sentiment improving, on-chain activity stabilizing, and stablecoin liquidity near cycle highs, conditions appear increasingly supportive for an impulsive leg upward — provided no negative macro surprises 12 markets await the Fed’s tone and broader economic signals, this week could determine whether Bitcoin transitions from consolidation to renewed expansion — or remains trapped in indecision a little 13 Bulls Attempt to Maintain Momentum Bitcoin is currently trading around $114,400, showing resilience after a week of 14 chart highlights how BTC has managed to reclaim the 50-day moving average (green line) while finding consistent support near the 200-day moving average (red line) — a technical setup often associated with stabilization before a potential continuation 15 $117,500 level (marked in yellow) remains the key resistance to 16 zone has repeatedly acted as both support and resistance in recent months, and a decisive breakout above it could confirm bullish momentum toward the $120,000–$125,000 17 the downside, short-term support lies near $111,000, where price has previously rebounded, with a deeper floor forming around $107,000.
Traders await the Federal Reserve’s interest rate decision later this week. A dovish policy tone could trigger renewed buying pressure, while a neutral or hawkish statement may cause another short-term pullback. Bitcoin’s structure remains constructive as long as it holds above the 200-day 18 strength above $115,000 could serve as confirmation of renewed bullish intent — signaling that accumulation phases might be giving way to the next upward 19 image from ChatGPT, chart from 20
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