Bitcoin $84,470.09after a three -day horizontal course, gaining value to exceed $ 86,000. This rise is associated with the increase in interest in risky assets after the US Federal Reserve (FED) interest rate decision. In the option market, the volume increase of 24 %drew attention. Although technical indicators point to the rise, some resistance levels force investors to be cautious.
Risk appetite increased after the Fed interest rate decision
The Fed’s interruption of interest rate hikes at the last meeting created a positive atmosphere in the market. Following the decision, investors began to turn to higher risk assets. Bitcoin became one of the most remarkable assets that gained value after these developments. Bitcoin, which was consolidated at $ 84,000 in the last three days, has exceeded the $ 86,000 threshold while entering the weekend.
Inflation data announced in the US remained below expectations. This presented a more optimistic picture to investors. Supported with macroeconomic data, this table also directly affected Bitcoin pricing. In particular, the re -focus of corporate investors to Bitcoin reinforced the perception of trust in the market.
In addition, Trump’s participation in a special summit on digital assets increased political interest in the field of crypto currency. Although this development directed short -term investors to the sale of profits, the general rise tendency continued to impact. The rise in the traditional market indices such as S&P 500 progressed parallel to the rise of Bitcoin.
While the option volume increases, resistors are tested
In the diversion markets, a significant increase in options for Bitcoin was observed. According to Coings data, the total option volume increased by 24 %and reached $ 793 million. Signals that corporate investors have started to take short -term positions came to the fore. This indicates that short -term volatility may increase in the market.
On the technical analysis side, there are some indicators that worry about investors. The rapprochement between the 50 -day and 200 -day moving averages, especially, is interpreted as a possible “intersection of death”. This is considered one of the factors that can create pressure in the upward course of the price.
The level of $ 87.200 stands out as a strong resistance point. If this level cannot be exceeded, it is stated that the price can be retreated to $ 84,000 again. However, with the strengthening of support levels, the target of $ 90,000 may come up again.
Investors closely follow technical indicators while taking short -term positions. At the same time, global economic data and market sensitivity play an important role in decision -making processes. Especially the positions of large investors continue to be effective in determining the direction of the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
