Bitcoin (BTC) is on a four-day winning streak, rising 0.63% to $107,931 as political uncertainty around the Federal Reserve fuels market optimism.
Trump vs. Powell: Why It Matters for Bitcoin
- Trump wants rate cuts now, Powell prefers data-driven approach
- Fed Chair replacement hinted at NATO Summit
- BTC historically reacts to Fed policy uncertainty
- June 25 rally (+1.19%) aligns with Trump’s comments
Technical Signals Favor Bulls
✅ RSI above 50 – Bullish momentum intact
✅ Implied Volatility at lows – Often precedes big moves
✅ Previous IV dips led to +5% BTC surges
What’s Next for Bitcoin?
- Breakout target: $110K+ if bullish momentum holds
- Risk: Fed policy surprises could spark volatility
- Long-term outlook remains bullish per CoinGape analysis