Analyst Cautions That Bitcoin and Ethereum Will Not Experience Relief Until the Fed Lowers Rates
Fed's Rate Policy Impact on Crypto: Analyst Ben Cowen predicts that the Federal Reserve will not cut rates aggressively until the stock market collapses, which could keep Bitcoin and Ethereum in a stagnant state until summer 2026.
Historical Patterns: Cowen draws parallels between the current market conditions and past cycles, noting that Bitcoin's recent cycle ended in October without reaching euphoria, similar to the 2019 pattern where the Fed only intervened after a stock market crash.
Ethereum's Potential Rally: Cowen suggests that Ethereum could follow a trajectory similar to Tesla's, potentially reaching new all-time highs in early 2026 before experiencing a significant downturn later that year.
Price Predictions: If Bitcoin reaches $100,000 and the ETH/BTC ratio hits 0.053, Cowen estimates that Ethereum could rise to approximately $5,300, indicating a potential exit rally for institutions.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 36099.581 | 48049.791 | 60369.601 | 72319.811 | 84639.621 | 96589.831 | 108909.641 |
| Fibonacci | 48049.791 | 57320.938 | 63048.663 | 72319.811 | 81590.958 | 87318.683 | 96589.831 |
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