Analysis: Bitcoin is expected to retest $120,000, and the impact of the Fed rate cut remains to be digested by the market
Source: golden
Time: 2025-09-20 04:01:44
According to Golden Finance, Bitbank analysts pointed out that Bitcoin may digest the impact and test the $120,000 mark within a week after the Fed's first rate cut in nine months. CMEFedWatch tool shows that 92% of traders expect the Fed to cut interest rates by another 25 basis points in October; Myriad predicts that 72% of market users also hold the same view. Despite the technical bullishness, the options market shows that traders are mainly selling premiums and setting an upward ceiling of $125,000 to $150,000 rather than making aggressive directional bets.