Bitcoin Price Prediction: Fed QT Pause And Trump–Xi Summit Put $118K In Play

• Bitcoin price today holds near $113,800 with buyers defending $112K support as volatility compression tightens.
• Fed policy decision on ending QT could inject liquidity, with a dovish outcome seen as bullish for Bitcoin.
• Trump–Xi summit may add momentum, with progress on trade talks potentially lifting BTC toward $118K targets.

Bitcoin price today trades near $113,800, showing mild weakness after a brief rebound from last week’s correction. The market remains on edge ahead of Wednesday’s Federal Reserve policy decision and the Trump–Xi summit, both of which could dictate near-term liquidity trends across risk assets.

Buyers Defend $112K Zone As Compression Tightens

On the daily chart, Bitcoin price action continues to hover around the 20, 50, and 100 EMA cluster between $112,400 and $112,800, a zone that has act…

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