Bitcoin gets Fed rate pause ‘tailwind’ as BTC eyes $106K short squeeze
Bitcoin price trajectory is primed to benefit from both macroeconomic and crypto derivatives trends, said new research from CryptoQuant.
Key points:
Bitcoin bulls could gain from the Fed’s decision to hold interest rates, given historical tendencies, new analysis says.
Falling Binance open interest with BTC/USD making higher lows could add to potential upside momentum.