The trajectory for Bitcoin could see a significant boost if today’s Federal Reserve meeting delivers a dovish message. According to CryptoQuant, this could set the stage for a move to $112,000, though the path is lined with important technical resistance levels that must be breached.
Julio Moreno of CryptoQuant outlined the necessary steps, noting that Bitcoin must first conquer the $99,000 and $102,000 price levels. He described these zones as pivotal for any advance toward the higher target.
The definition of a favorable Fed announcement, in this context, includes both an immediate rate cut and accommodative signals regarding the future pace of easing and inflation. A supportive environment could drive Bitcoin to challenge $99,000, at which point the market’s response to profit-taking will determine the next leg.
In its weekly analysis, CryptoQuant identified $99,000 as the lower band of the Trader On-chain Realized Price—a known resistance point. The firm then cites the one-year moving average at $102,000 and the Trader On-chain Realized Price itself at $112,000 as the subsequent key levels.
Investor attention is now fixed on the Fed’s decision and, more importantly, its “dot plot” projections for 2026, which will provide clues on the longevity and depth of the current easing cycle.
