Top 3 Price Predictions Bitcoin, Gold, Silver: Is the Fed-Driven Rally Built to Last? – BitRss – Crypto World News

Bitcoin, gold and silver saw a sudden surge in strength on Tuesday, on the eve of what appears to be another rate cut by the Fed.

The crypto pioneer, as well as its two commodity safe havens, gold and silver, could see volatility around the Fed’s rate decision, even as XAG’s price breaks above $60/oz for the first time in history, and is now +108% higher through 2025.

Top price targets for BTC ($92,955.00), XAU and XAG before the Fed cut

All eyes will be on the Fed’s interest rate decision tomorrow and Jerome Powell’s subsequent press conference. This is one of the most important macroeconomic events for Bitcoin and commodity safe havens this week.

Data from the CME FedWatch Tool shows that interest rate gamblers see an 87.6% chance that the Fed will cut rates.

A Fed rate cut is generally a tailwind for Bitcoin as it injects liquidity into the financial markets. Gold typically benefits the most and fastest from interest rate cuts, while silver often initially lags behind gold and then outperforms during strong reflation movements. This is why silver tends to make violent upward moves after cuts once momentum builds.

• Gold responds first and most predictably
• Bitcoin benefits as liquidity increases
• Silver often becomes the late-stage momentum winner

However, based on the current price action, markets are already pricing in this event, with traders already pricing in a rate cut with almost certain probabilities.

Bitcoin races to $100,000 ahead of Fed interest rate decision

Bitcoin price is trading with a bullish bias and consolidating within a rising parallel channel since the November 21 low at $80,600. As long as price remains contained within this technical formation, the prospects for further upside potential remain alive.

Based on the RSI (Relative Strength Index) indicator, momentum is rising, which could push BTC further north. The position above the 50 threshold indicates significant buyer momentum, but a lot remains on the balance sheet as this midline level is also susceptible to a bearish takeover.

Bitcoin price faces immediate resistance due to the 50-day Exponential Moving Average (EMA) at $97,015, a roadblock on BTC’s path to the most critical Fibonacci retracement level, 61.8%, at $98,018.

This would be a key entry point for late bulls so that if the Bitcoin price were to break cleanly through the level on strong volume, it would be a signal of a strengthening trend. Such a directional bias would see the crypto pioneer neck higher at $103,399, marked by the mid-50% range.

In a very bullish case, BTC could reach the Fibonacci retracement level of 38.2%, indicating a strong trend.

Bitcoin (BTC) Price Performance. Source: TradingView

Conversely, if the Fibonacci retracement level of 61.8% holds as resistance, it would set the tone for a trend reversal.

Sellers who pull the trigger at current levels could see the 78.6% Fibonacci retracement level give way as support, a move that could cause BTC to fall out of the ascending parallel channel.

Such a directional bias could send the pioneer crypto’s price towards the $80,600 support floor. Such a move would represent a decline of almost 15% from current levels.

Gold may be in a classic Phase A reload zone

Gold prices could sell off towards the low of $4,199 and possibly violate the rising supportive trendline before moving back up. Based on the RSI, momentum is weakening, putting the XAU price at risk of a correction.

However, with the RSI still above the 50 threshold and the strong downside support provided by the confluence of the 50- and 100-day EMAs at $4,202 and $4,203 respectively, the price could move higher.

Critical support is between $4,178 and $4,192. If this zone holds, the bull structure will remain intact.

Meanwhile, key resistance lies at $4,241, with a clear break above this supplier congestion level likely to lead to acceleration.

With such a directional bias, the targets would be $4,260, or in a very bullish case $4,300, before a possible recapture of the $4,381 all-time high (ATH).

Gold (XAU) Price Performance. Source: TradingView

Therefore, current price levels could be a classic reload zone, with each dip presenting a buying opportunity for late bulls.

Silver is up 6x the S&P 500 YTD

Silver prices are experiencing one of the strongest bull runs in stock market history, outpacing the S&P 500’s year-to-date (YTD) gains by six times. The XAG/USD price is now on track for its biggest 12-month gain since 1979.

After hitting a new all-time high of $60,794, silver is at price levels, with the potential for further upside.

On the 15-minute chart below, XAG/USD price shows a clear bullish continuation breakout. Silver prices have decisively breached the previous high in the range around $58.83 and accelerated into price discovery, confirming a shift from consolidation to expansion.

All major EMAs (50/100/200) are now bullishly stacked and heading higher, indicating strong trend alignment and near-term trend strength.

Silver (XAG) Price Performance. Source: TradingView

Momentum is supporting this move, as evidenced by the RSI above 73, indicating strong buying pressure. However, this RSI position also warns of short-term overheating and the risk of a superficial pullback or consolidation before continuation.

Structurally, the previous resistance of $58.80 to $59.00 now acts as initial support, while the next psychological and technical target is around $61.00-$61.50.

As long as silver prices remain above the rising 50-EMA (red), the buy-the-dip bias remains, with downside risk only increasing on a sustained decline back below $59.00.

The post Top 3 Price Prediction Bitcoin, Gold, Silver: Is the Fed-Driven Rally Built to Last? appeared first on BeInCrypto.