Here’s what next for Bitcoin after the Fed’s rate cut

As Bitcoin (BTC) attempts to hold the $115,000 support, an analyst has noted that the asset is facing a pivotal scenario likely to influence its price trajectory following the anticipated Federal Reserve rate cut. The analysis by TradingShot was based on Bitcoin’s four-hour chart, where a golden cross has formed as the 50-period moving average (MA50) crossed above the 200-period moving average (MA200), a bullish signal often marking the start of uptrends. Bitcoin price analysis chart. Source: TradingView In a TradingView post on September 16, TradingShot noted that the setup comes with a catch source: https://finbold.com/heres-what-next-for-bitcoin-after-the-feds-rate-cut/