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Bitcoin rallies past $112K as Fed signals rate cuts and whales reshuffle holdings

Bitcoin pushes above $112,000 as traders bet on Federal Reserve rate cuts. Ethereum gains fresh support from Robert Kiyosaki’s endorsement while OG whales keep selling BTC.

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What we will talk about today...

Bitcoin Price Breaks $112K Ahead of Fed Meeting

Robert Kiyosaki Backs Ethereum as the Next Bitcoin-Like Opportunity

John Bollinger Sparks Debate Over Bitcoin Charts

Bitcoin OGs Continue Heavy Selling

Bitcoin Price Breaks $112K Ahead of Fed Meeting

Bitcoin surges before a critical Fed decision as traders expect easier monetary policy.

  • [Price move]: BTC hits $113,000, its highest level in weeks.

  • [Market setup]: Traders eye $123,000 if bulls hold above resistance.

  • [Rate cut odds]: CME data shows a 98% chance of a Fed cut next week.

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“A clean break above $112K could confirm a bullish run toward $123K.” – Crypto Caesar

“Global monetary easing is in full swing.” – The Kobeissi Letter

Robert Kiyosaki Backs Ethereum as the Next Bitcoin-Like Opportunity

The Rich Dad Poor Dad author says Ethereum could mirror early Bitcoin returns.

  • [Comparison]: Kiyosaki calls ETH at $4,000 similar to BTC at $4,000 years ago.

  • [Outlook]: ETH trades near $3,958 after recent volatility.

  • [Mindset]: He urges investors to adopt “new thinking” and move away from fiat savings.

“People who buy Ethereum today will be like those who bought Bitcoin at $4,000.” – Robert Kiyosaki

John Bollinger Sparks Debate Over Bitcoin Charts

Bollinger highlights uncertainty in BTC price action as volatility tightens.

  • [Technical view]: Bollinger Bands are narrowing, hinting at a major move.

  • [Pattern]: Traders discuss a “megaphone” formation signaling unpredictable swings.

  • [Sentiment]: Whale activity increases with a 40x long worth $16.6 million.

“That’s calm before the storm: low activity, low momentum, traders waiting.” – Maartunn, CryptoQuant

Bitcoin OGs Continue Heavy Selling

Long-term holders offload hundreds of millions in BTC, slowing the rally.

  • [Whale action]: An OG moves 200 BTC worth $22.3 million to Kraken.

  • [Trend]: Over $627 million sold in two weeks, adding pressure on prices.

  • [Market impact]: OGs have sold 300,000 BTC in recent months, according to Glassnode.

“The $100K mark tempts many OGs to take profits after years of holding.” – Onchain Lens

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🚀Stay sharp. The path to $150K won't be linear🚀

This article is not financial advice. Market conditions can change rapidly, and past performance does not guarantee future results