The Bitcoin course is still not growing, but some factors indicate that we are close to breaking.
The bitcoin course is not growing
The Bitcoin course still remains in the side trend, and bulls cannot break through north. Currently, 1 BTC costs around $ 115,900. However, it will be crucial to break the level of USD 117,000. Then we can fight for the new ATH.
Positive news flows from the BTC ETF market. On September 18 and 19, the flows became positive again:
Ether also remains in the side trend. For now, it is important that we have managed to defend $ 4,450. However, it will be key to breaking into an area of over 4,500 USD.
The weakness can also be seen on the ETH/BTC pair, which stays around 0.039 BTC.
In the case of ETH, however, an interesting phenomenon can be seen on the stock exchanges. The supply of Ethers on trade platforms is falling.
Shopping can also be seen on the ETF market. On September 18 and 19, the funds bought a net Ether for $ 213.1 million and USD 47.8 million, in order.
There are more cuts ahead of us
There are many indications that we are ahead of us with further percentage of foot cuts. by the Fed. According to the valuation of the FED Watch Tool, the chance for another rate reduction by 25 PB in October is 91.9%.
In December, in December, the Fed would also lower his feet by 25 PB. By the end of the year, we will receive total cuttings of 50 pb.
Such a US central bank policy is very good for action and cryptocurrencies. It should translate into increases in markets. The term of office of Jerome Powell, who until now, blocked the implementation of Donald Trump’s policy – did not agree to the cuts when the president even demanded them. In 2026, he will be replaced by someone who will be indicated by Trump. As should be extended by the current cycle – theoretically increases can also take place next year, precisely because of the potential revolution in Feda: further foot cuts and potential quantitative loosening.
