#Fed ๐ฐ Bitcoin Nears $123,000 Before a Pullback: The FED Remains a Spectator
๐ July 24, 2025
โ๏ธ By Ali Ait Medjber
---
๐ Bitcoin reached an all-time high of $123,000, before slightly correcting to stabilize around $118,000.
This surge comes despite a rigid monetary policy from the Federal Reserve (FED), which maintains its high interest rates.
---
๐ฆ The FED Inflexible, but Powerless?
The FED confirmed yesterday that it will maintain its rates in the range of 5.25โ5.50%. Jerome Powell emphasized that inflation is under control, but monetary conditions will remain restrictive until further notice.
And yet, the crypto market doesn't care. Bitcoin, considered a digital safe haven asset, has freed itself from the pressure of the strong dollar and high bond yields.
---
๐ Why this BTC Explosion?
๐น Record inflows on Bitcoin Spot ETFs
๐น Adoption by major American banks
๐น Limited supply post-Halving
๐น Searches for protection against debt and geopolitical instability
This spectacular rise is a strong signal: Bitcoin is becoming a global macroeconomic asset, decoupled from the sole technological narrative.
---
๐ Technical Pullback or Bull Trap?
The pullback from $123,000 to $118,000 is seen by analysts as:
โ๏ธ A healthy profit-taking
โ๏ธ A pullback on liquidity zone
โ๏ธ A major psychological support test
Buyers remain dominant as long as the level of $112,000โ$115,000 holds.
---
๐ฎ What to Do Right Now?
๐ Recommended strategies:
Swing traders: look for entry points on pullbacks (116Kโ117K) with TP towards 125K+.
HODLers: the bull run is confirmed, but beware of excesses.
Scalpers: high volatility = opportunities, but mandatory SL!
---
๐ฏ Conclusion
The FED remains firm, but Bitcoin is asserting itself.
At over $118,000, the king of cryptos confirms its maturity on the global economic stage. It is no longer a trend, it's a monetary revolution.
๐ S
Follow me for daily crypto analyses on Binance Square!