{"id":137639,"date":"2024-12-16T10:37:06","date_gmt":"2024-12-16T03:37:06","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=137639"},"modified":"2024-12-16T10:37:06","modified_gmt":"2024-12-16T03:37:06","slug":"bitcoin-eyes-103k-will-the-fed-rate-propel-or-plunge-btc","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=137639","title":{"rendered":"Bitcoin eyes $103K: Will the Fed Rate propel or plunge BTC?"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<div class=\"single-post-author\">\n<div class=\"single-post-author-top\">\n<p>\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"Avatar\" class=\"avatar pp-user-avatar avatar-48 photo \" height=\"48\" width=\"48\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Benja-80x80.jpeg.webp\"\/><img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" alt=\"Avatar\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Benja-80x80.jpeg.webp\" class=\"avatar pp-user-avatar avatar-48 photo \" height=\"48\" width=\"48\"\/><\/p>\n<p>Journalist<\/p>\n<\/p><\/div>\n<p>\t\t\t\t\t\t\t\t\t\t<span class=\"mvp-post-date updated\">Posted: <time class=\"post-date updated\" itemprop=\"datePublished\" datetime=\"2024-12-16\">December 16, 2024<\/time><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t<meta itemprop=\"dateModified\" content=\"2024-12-15 5:27 pm\"\/><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">BTC price could hit $103K, driven by liquidity sweep.\u00a0<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><em>A likely uptick in global longs could mark a potential BTC reversal and bull trap.<\/em>\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For the past few days, <\/span><a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Bitcoin [BTC]<\/span><\/a><span style=\"font-weight: 400;\"> has stayed above $100K, but its next direction could be triggered by the Fed rate cut decision.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After last week\u2019s U.S. inflation and labor data, the market was <\/span><a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\"><span style=\"font-weight: 400;\">pricing<\/span><\/a><span style=\"font-weight: 400;\"> a 96% chance of another 25bps interest cut during the next Fed rate decision on the 18th of December.\u00a0<\/span><\/p>\n<h2>Next BTC moves<\/h2>\n<p><span style=\"font-weight: 400;\">So, which way will BTC go? According to BTC trader CrypNuevo, the most likely move was a liquidity hunt at $103K\/104K, citing recent trends. Part of his analysis on X <\/span><a href=\"https:\/\/x.com\/CrypNuevo\/status\/1867522090124845171\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\"><span style=\"font-weight: 400;\">read<\/span><\/a><span style=\"font-weight: 400;\">,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cA lot of short liquidations at $103k. It might be the right time to hunt them\u2026We can see how they\u2019ve been consistently targetting these liquidation clusters in the past days.\u201d\u00a0<\/span><\/p>\n<\/blockquote>\n<div id=\"attachment_452384\" style=\"width: 1876px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-452384\" class=\"size-full wp-image-452384\" alt=\"BTC price prediction\" width=\"1866\" height=\"931\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction.png 1866w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-300x150.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-1024x511.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-768x383.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-1536x766.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-1200x599.png 1200w\" data-lazy-sizes=\"(max-width: 1866px) 100vw, 1866px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-452384\" class=\"size-full wp-image-452384\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction.png\" alt=\"BTC price prediction\" width=\"1866\" height=\"931\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction.png 1866w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-300x150.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-1024x511.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-768x383.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-1536x766.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Bitcoin-price-prediction-1200x599.png 1200w\" sizes=\"auto, (max-width: 1866px) 100vw, 1866px\"\/><\/a><\/p>\n<p id=\"caption-attachment-452384\" class=\"wp-caption-text\">Source: Hyblock<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">At press time, there were still considerable leveraged short positions at $103K-$104K, which reinforced CrypNuevo\u2019s projection.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the 12-hour chart, BTC has been tightly consolidating around its ascending channel\u2019s mid-range. The $103K\/$104K target sat about 2% from the mid-range.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The upper channel target of $107K was 5% from the mid-range level, but had less liquidity and might not strongly attract price action as the $103K level.\u00a0<\/span><\/p>\n<div id=\"attachment_452386\" style=\"width: 1960px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-452386\" class=\"size-full wp-image-452386\" alt=\"Bitcoin price prediction\" width=\"1950\" height=\"906\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07.png 1950w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-300x139.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-1024x476.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-768x357.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-1536x714.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-1200x558.png 1200w\" data-lazy-sizes=\"(max-width: 1950px) 100vw, 1950px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07.png\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-452386\" class=\"size-full wp-image-452386\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07.png\" alt=\"Bitcoin price prediction\" width=\"1950\" height=\"906\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07.png 1950w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-300x139.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-1024x476.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-768x357.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-1536x714.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-15_13-10-07-1200x558.png 1200w\" sizes=\"auto, (max-width: 1950px) 100vw, 1950px\"\/><\/a><\/p>\n<p id=\"caption-attachment-452386\" class=\"wp-caption-text\">Source: BTC\/USDT, TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">If that\u2019s the case, BTC could hit $103K\/$104K targets, driven by liquidity sweep, and then retreat lower.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The channel\u2019s range-low has stopped previous retracements, and the potential pullback could ease at $97K. Afterward, BTC could continue its range-bound movement.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Hyblock\u2019s retreating global longs <\/span><a href=\"https:\/\/x.com\/hyblockcapital\/status\/1868193024200597524\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer\"><span style=\"font-weight: 400;\">indicator<\/span><\/a><span style=\"font-weight: 400;\"> supported the likely slip to range-low after tapping $103K. The oscillator always rises when BTC falls and drops when BTC pumps.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At press time, the indicator was heading to its bottom and could reverse, marking a likely BTC retracement and bull trap.\u00a0\u00a0<\/span><\/p>\n<div id=\"attachment_452387\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-scaled.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-452387\" class=\"size-full wp-image-452387\" alt=\"BTC price prediction\" width=\"2560\" height=\"1401\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-scaled.jpg 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-300x164.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-1024x561.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-768x420.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-1536x841.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-2048x1121.jpg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-1200x657.jpg 1200w\" data-lazy-sizes=\"(max-width: 2560px) 100vw, 2560px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-scaled.jpg\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-452387\" class=\"size-full wp-image-452387\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-scaled.jpg\" alt=\"BTC price prediction\" width=\"2560\" height=\"1401\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-scaled.jpg 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-300x164.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-1024x561.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-768x420.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-1536x841.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-2048x1121.jpg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/BTC-price-prediction-1200x657.jpg 1200w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><\/a><\/p>\n<p id=\"caption-attachment-452387\" class=\"wp-caption-text\">Source: Hyblock<\/p>\n<\/div>\n<hr\/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Read <\/span><a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Bitcoin [BTC] Price Prediction<\/span><\/a><span style=\"font-weight: 400;\"> 2024-2025<\/span><\/p>\n<hr\/>\n<p><span style=\"font-weight: 400;\">In short, BTC could push slightly above the mid-range to liquidate short positions at $103K\/$104K levels before going for leveraged longs at the channel\u2019s range-lows near $97K.\u00a0<\/span><\/p>\n<p>However, a breakout on either side would invalidate the above range-bound outlook.<\/p>\n<p><i>Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer\u2019s opinion<\/i><\/p>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/will-solana-fall-below-200-why-sols-next-move-could-surprise-you\/\" rel=\"prev\" data-wpel-link=\"internal\">Why Solana\u2019s [SOL] next move could surprise you<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/bitcoin-eyes-103k-will-the-fed-rate-propel-or-plunge-btc\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Journalist Posted: December 16, 2024 BTC price could hit $103K, driven by liquidity sweep.\u00a0 A likely uptick in global longs could mark a potential BTC reversal and bull trap.\u00a0 For &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=137639\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-137639","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/137639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=137639"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/137639\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}