Bitcoin Braces for Fed Storm as Traders Circle Key Support Levels

BTCC / BTCC Square / Cryptodnes /

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2025-05-07 07:00:02

All eyes on the Fed as Bitcoin wobbles—another case of ’macro uncertainty’ giving crypto traders indigestion.

Key support levels emerge like lifeboats on the Titanic, while Wall Street’s usual suspects pretend they saw this volatility coming all along.

Will BTC hold or fold? Either way, the algo-trading sharks are already circling.

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He also warned that falling below the $90,000 threshold could trigger more significant technical damage, including a drop under the 200-day moving average.

For now, Bitcoin remains caught between bullish inflows and a cautious macro outlook, with the next moves likely to be shaped by the Fed’s tone and Jerome Powell’s post-meeting remarks.

Alexander Stefanov

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