FOMC’s Rate Call Looms—What It Means for Bitcoin’s Next Move
- Bitcoin’s price reaction depends on the Fed’s interest rate decision, with traders watching key resistance levels.
- A breakout above $107K–$108K could trigger a Bitcoin price rally, while $97K serves as strong support.
- Bitcoin remains in a bull market, but FOMC’s rate call may decide if BTC trends higher or faces a pullback.
Bitcoin has given mixed signals in the short term, especially in the past day, as it nears a critical price point. This happens just before the Federal Reserve’s FOMC meeting, which could majorly affect Bitcoin and the whole crypto market.
The Federal Reserve will announce its interest rate decision tomorrow at 7:00 PM GMT. Most experts expect rates to stay at 4.5%, though there’s a small chance of a 0.25% rate cut. Any surprise in the decision could shake things up in the market. If rates stay the same, the market probably won’t budge much, but a change could lead to a significant market reaction.
Related: Trump Returns, Bitcoin Waits: What FOMC 2025 Means for Crypto
What’s Next for Bitcoin’s Price?
Even with short-term dips or crashes, the overall trend still shows BTC is in a larger bull market. Currently, the weekly MAC…
The post FOMC’s Rate Call Looms—What It Means for Bitcoin’s Next Move appeared first on Coin Edition.
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FOMC’s Rate Call Looms—What It Means for Bitcoin’s Next Move
- Bitcoin’s price reaction depends on the Fed’s interest rate decision, with traders watching key resistance levels.
- A breakout above $107K–$108K could trigger a Bitcoin price rally, while $97K serves as strong support.
- Bitcoin remains in a bull market, but FOMC’s rate call may decide if BTC trends higher or faces a pullback.
Bitcoin has given mixed signals in the short term, especially in the past day, as it nears a critical price point. This happens just before the Federal Reserve’s FOMC meeting, which could majorly affect Bitcoin and the whole crypto market.
The Federal Reserve will announce its interest rate decision tomorrow at 7:00 PM GMT. Most experts expect rates to stay at 4.5%, though there’s a small chance of a 0.25% rate cut. Any surprise in the decision could shake things up in the market. If rates stay the same, the market probably won’t budge much, but a change could lead to a significant market reaction.
Related: Trump Returns, Bitcoin Waits: What FOMC 2025 Means for Crypto
What’s Next for Bitcoin’s Price?
Even with short-term dips or crashes, the overall trend still shows BTC is in a larger bull market. Currently, the weekly MAC…
The post FOMC’s Rate Call Looms—What It Means for Bitcoin’s Next Move appeared first on Coin Edition.
Read More