Bitcoin (BTC) has shown renewed strength after the Federal Reserve announced its third interest rate cut of the year, rising nearly 1% within 24 hours. The move comes after a strong U.S. jobs report in September and months of speculation about a December cut. While the decision was not unanimous among Fed governors, Chairman Jerome Powell emphasized that the federal funds rate is unlikely to rise soon, signaling a favorable environment for BTC. Traders and investors responded positively, with Bitcoin’s trading volumes sitting around $63 billion, reflecting 3% of the circulating market cap.
Technical analysis supports this bullish momentum. BTC recently broke out of a descending price channel, indicating a potential reversal from its recent downtrend. The next technical barrier is the 200-day exponential moving average, with the key resistance level at $100,000. Surpassing this psychological and structural threshold could open the door for a full recovery in the coming weeks, with upside potential ranging between 25% and 30%, depending on entry points. The Relative Strength Index (RSI) has climbed above the 14-day moving average and crossed the mid-line, sending early buy signals that reinforce the case for continued upward movement.
This optimism extends beyond Bitcoin itself. Bitcoin Hyper ($HYPER), a presale project aiming to build a Solana-based layer-two solution for BTC, stands to gain from this bullish sentiment. Bitcoin Hyper addresses the network’s long-standing scalability and speed issues, allowing developers to build faster, cheaper BTC-based applications without moving assets off the main blockchain. Its Hyper Bridge protocol enables BTC tokens to be securely received and minted on the Hyper L2 with near-instant finality, unlocking capabilities for decentralized apps, smart contracts, and broader Web3 integrations. Investors can leverage the Hyper L2 for staking, yield farming, and lending, creating new passive income opportunities from their BTC holdings.
The combination of a Fed rate cut, a “no rate increase” outlook, and positive technical signals could drive Bitcoin toward $100,000 in the near term. While some consolidation may occur after reaching this key level, the overall market outlook appears constructive. As BTC navigates these pivotal levels, innovations like Bitcoin Hyper are poised to enhance the broader BTC ecosystem, paving the way for more efficient decentralized finance solutions in 2026.
