Fed Decision Fails to Convince Bitcoin Bulls! Options Bulls Prepare for a BTC Drop!

The post Microsoft Corp. $MSFT blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC + WXY correction $MSFT 8H Elliott Wave chart 9.04.2025 In the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06 This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend. $MSFT 8H Elliott Wave chart 7.14.2025 The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 – 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 – 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction. Conclusion In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/microsoft-corp-msft-blue-box-area-offers-a-buying-opportunity-202509171323

Highlights: A massive golden statue of Trump holding Bitcoin drew attention near the U.S. Capitol. Organisers said the sculpture reflects Trump’s influence on the growing cryptocurrency market. The installation appeared the same day the Federal Reserve cut interest rates slightly. A giant golden statue of former President Donald Trump holding a Bitcoin was revealed outside the US Capitol on Wednesday. The statue was streamed live on Pump.fun, a well-known site for launching meme tokens. The statue, towering at 12 feet, was positioned opposite Union Square on the National Mall in Washington, DC, within walking distance of Capitol Hill and about a mile from the White House. Its central location ensured visibility to visitors and media alike. Tribute to our savior. pic.twitter.com/I03fRJnmDq — Donald J. Trump Golden Statue (@djtgst) September 17, 2025 Golden Trump Statue Honors Crypto Support According to a website tied to the stunt, the display honours Trump’s “unwavering commitment to advancing the future of finance through Bitcoin and decentralized technologies.” Organisers organized the display, which serves as both a political tribute and a nod to the growing influence of cryptocurrencies.  Hichem Zaghdoudi, one of the organisers, told local media, “This is a statement, this is to show everybody that without the president, we could never have had this mass adoption of Bitcoin, of cryptocurrencies, of all these big institutions buying Bitcoin. It shows that’s the future and this is our thank you, our statement, to the president.” Zaghdoudi added that the statue symbolises the view that Trump’s encouragement helped institutional investors enter the Bitcoin market. A livestream showed that artists crafted the sculpture from high-density foam. The lightweight material allowed multiple people to carry it into position. Social media clips showed machines carving Trump’s head and workers lifting the figure into place. The organiser mentioned that the statue stands 12 feet (3.6 meters) tall. He expressed hope that Trump would “walk out there and see it,” not realizing the president was visiting the United Kingdom at the time. Bringing the heat irl #DJTGST pic.twitter.com/KQ0Cwe1kdp — Donald J. Trump Golden Statue (@djtgst) September 15, 2025 Trump’s UK visit included high-profile meetings on tariffs, trade, and AI. Crypto leaders are urging him to support clearer digital asset rules, warning the UK could fall behind the EU, Singapore, and Dubai. Trump-Linked Crypto Moves Gain Attention The timing of the statue coincided with a Federal Reserve decision to cut interest rates by 25 basis points. Lower borrowing costs are often favourable for riskier assets, including cryptocurrencies. Trump has repeatedly pushed Jerome Powell to cut interest rates, often using harsh words toward the Fed Chair.  BREAKING: Federal Reserve officially cuts interest rates by 25bps. pic.twitter.com/mDsK4XaPiB — Bitcoin Magazine (@BitcoinMagazine) September 17, 2025 Trump supported cryptocurrencies during his presidential campaign last year. His campaign got strong support from the crypto industry. His family also increased their involvement through World Liberty Financial Inc. World Liberty Financial joined the Digital Freedom Fund PAC, led by the Winklevoss twins. Their goal is to make the US a top cryptocurrency hub. Some critics worry about conflicts of interest with Trump cutting regulations. Crypto fans are excited, hoping for the next big crypto boom. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

PANews reported on September 18th that, according to the Coinbase blog, Coinbase has launched an on-chain USDC lending service. Users can borrow USDC on the Base chain through the Morpho and Steakhouse Financial protocols, with current annualized returns up to 10.8% . Funds will be linked to the Morpho protocol from the Coinbase smart contract wallet and allocated by Steakhouse Financial to different markets to optimize returns. Users can withdraw funds at any time. This service is currently available in the United States (excluding New York State), Bermuda, and some other countries.