The Fed's rate cut signals a bullish turn for Bitcoin, benefiting from global easing and expected rate cuts by central banks worldwide.
Bitcoin's technical setup suggests a potential breakout from a six-month consolidation, with a possible challenge to the all-time high of $73k.
Despite a range-bound period, Bitcoin remained resilient above $50K, indicating a strong market.
Four key catalysts that could drive Bitcoin higher include Trump winning the U.S. Presidential Election, FTX payout to creditors, global rate cutting cycle, and option-trading on Bitcoin ETFs.