Grok Bitcoin Price Prediction Shows Rally Potential After FOMC Meeting
The post Grok Bitcoin Price Prediction Shows Rally Potential After FOMC Meeting appeared on BitcoinEthereumNews.com.
KEY POINTS: ➡️ The upcoming FOMC meeting and an expected Fed rate cut could fuel renewed momentum across the crypto market.➡️ Grok’s Bitcoin price prediction points to a potential rally toward $125K, which would bring it close to new ATHs.➡️ Looking for the best crypto to buy before the rally? Consider $HYPER, $BEST, and $TROLL. Bitcoin’s almost one-sided 4.5% rally from Sunday through Monday this week came after the breakout of a very neat descending triangle pattern on the 2-hour chart. And while it’s true that the token has since lost most of those breakout gains, it’s important to consider why that happened – because $BTC wanted to pull back and retest the breakout resistance line, which it’s doing right now. This is an extremely positive sign that Bitcoin is indeed in the mood to achieve the target from this particular trading pattern. To find that out, we asked Grok – a robust AI chatbot with access to real-time info (think price movements, market updates, and social sentiment) thanks to its direct integration with X. Grok flipped through the technical analysis playbook, measured the width of the descending triangle pattern, mapped it onto the breakout level of around $113K, and arrived at Bitcoin’s next potential target of $125K – which would put it oh-so-close to new all-time highs. According to the AI, a big reason why Bitcoin’s move to new ATHs is likely in the coming days is the growing momentum around the upcoming Federal Reserve rate cut decision. Given that the U.S. inflation report for September came in lower than expected – signaling that the economy is slowing down and edging toward a recession – there’s now a 98% chance the Fed will slash rates by at least 25 basis points. This would then inject new energy into a…
Filed under: News - @ October 29, 2025 12:27 pm