Bitcoin (CRYPTO: BTC) is holding around $114,000 after the latest inflation data release, sparking debate over whether more upside is ahead.
What Happened: In his latest X post, trader Astronomer reiterated confidence that BTC set its cycle low at $110,000 in late August, citing confluences including the historic pattern of FOMC-driven reversals.
He noted that Bitcoin often changes trend either on the day of an FOMC meeting or up to six …