Bitcoin price $111K support retest 'in progress' as RSI points higher

Market Intelligence Analysis

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Why This Matters

Bitcoin is consolidating gains after a lower high, with positive RSI signals suggesting potential upward momentum. Anticipation of a Federal Reserve interest rate cut is also contributing to positive market sentiment.

Market Impact

Market impact analysis based on bullish sentiment with 75% confidence.

Sentiment
Bullish
AI Confidence
75%

Article Context

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Bitcoin put in a lower high while consolidating gains as favorable RSI signals combine with an expected Federal Reserve interest-rate cut.

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Original article published by Unknown on October 28, 2025.
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