Trump’s Push for Fed Cuts Fuels Bitcoin Bullish Outlook

Bitcoin Analysis

Bitcoin is once again approaching a decisive moment, with price action tightening inside an ascending triangle pattern.

Traders are closely monitoring the structure as speculation grows around a potential Federal Reserve rate cut.

At the time of writing, BTC trades near $112,200, supported firmly above $107,300. The upper boundary of the triangle sits just below $117,200, a level that has acted as a cap in recent weeks.

A clean breakout would place $123,700 in sight, with Fibonacci extensions pointing to $133,800 and even $150,000 as longer-term hurdles. Momentum indicators are gradually aligning with this setup, suggesting that a bullish resolution could unfold before year-end.

Adding to the drama, President Donald Trump has called on the Fed to slash rates by a full percentage point at its next meeting, criticizing Jerome Powell for being too slow to respond to rising unemployment and weakening job growth. Markets still expect a smaller 25-basis-point move, but Trump’s demand for multiple cuts has injected fresh uncertainty into the policy outlook.

That uncertainty could end up being a tailwind for Bitcoin. Investors are increasingly positioning around the possibility of looser monetary conditions, while corporate activity is reinforcing the bullish case. Tokyo-based Metaplanet, for example, plans to allocate $1.4 billion from a recent capital raise into Bitcoin, following a playbook reminiscent of MicroStrategy’s accumulation strategy.

For now, the triangle formation remains the dominant chart signal. A decisive move above resistance could open the door to fresh record highs, while failure to break through may keep Bitcoin consolidating in the short term. Either way, the mix of technical and macro catalysts suggests the next major swing may not be far off.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

Author

Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.