Bitcoin gets Fed rate pause 'tailwind' as BTC eyes $106K short squeeze

Bitcoin gets Fed rate pause 'tailwind' as BTC eyes 6K short squeeze

Bitcoin price trajectory is primed to benefit from both macroeconomic and crypto derivatives trends, says 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.

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