Bitcoin Market Structure Strengthens As Cooling Z-Score Replaces Overheating Peaks | Bitcoinist.com

Bitcoin is facing critical resistance as it struggles to break above the $118,000 level, even after a strong market reaction to the Federal Reserve’s recent 25 basis point interest rate cut. The de...

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Bitcoin Market Structure Strengthens As Cooling Z-Score Replaces Overheating Peaks | Bitcoinist.com

Source: Bitcoinist.com

Bitcoin is facing critical resistance as it struggles to break above the $118,000 level, even after a strong market reaction to the Federal Reserve’s recent 25 basis point interest rate cut. The decision injected optimism across financial markets, and Bitcoin responded with upward momentum, reinforcing its role as a hedge in a shifting monetary landscape. […]