Financial Insights That Matter
Bitcoin BTC/USD is up to nearly $97,000, boosted by renewed liquidity from China and heightened anticipation around the FOMC’s interest rate decision. But traders remain split on whether this marks the start of another rally or a setup for another correction.
What Happened: Crypto trader CJ remains cautious.
He says Bitcoin must flip the $99,000–$102,000 resistance zone to shift market bias toward new all-time highs and a potential run to $125,000.
Until then, CJ expects downside toward $92,700, and possibly $85,100, key zones of liquidity.
On shorter timeframes, CJ is watching for short setups above local highs and long entries near or below $92,700. His current strategy emphasizes patience, waiting for cleaner setups instead of chasing noisy, low-quality trades.
A potential trade idea involves tagging a local fair value gap followed by a run of equal highs into the FOMC.
Also Read: Corporations Will Pour $330 Billion Into Bitcoin By 2029: Bernstein
Why It Matters: Analyst Stockmoney Lizards adds that Bitcoin’s movement isn’t solely dictated by FOMC decisions or rate hikes.
Instead, it follows broader market cycles driven by macro forces and investor psychology.
Looking at the macro chart, they see a clear pattern: a post-COVID boom, the 2022 bear market bottom near the 200-week simple moving average, a 2024 breakout to new highs and a potential 2025 consolidation phase after crossing $100,000.
Macroeconomic events often coincide with moments of extreme fear or euphoria, reinforcing historical market patterns.
Even if Bitcoin sees an extended correction now, the outlook for 2025 remains bullish.
The trader emphasizes tuning out short-term noise and staying focused on the longer cycle.
Read Next:
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
#1a73e8;">Boost Your Financial Knowledge and Achieve Stability
Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence.
#1a73e8;">Top Financial Tips for Saving and Investing
- Personal Finance Management: Master the art of budgeting, expense tracking, and building a strong financial foundation.
- Investment Opportunities: Stay updated on market trends, learn about stocks, and explore secure ways to grow your wealth.
- Expert Money-Saving Advice: Access proven techniques to reduce expenses and maximize your financial potential.