Bitcoin gets Fed rate pause 'tailwind' as BTC eyes $106K short squeeze

Bitcoin price trajectory is primed to benefit from both macroeconomic and crypto derivatives trends, said new research from CryptoQuant.

Key points:

Bitcoin bulls could gain from the Fed’s decision to hold interest rates, given historical tendencies, new analysis says.

Falling Binance open interest with BTC/USD making higher lows could add to potential upside momentum.

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