Bitcoin Eyes Breakout as Fed Nears End of Quantitative Tightening
Bitcoin traders are closely watching this week’s Federal Open Market Committee (FOMC) meeting, with major banks like JPMorgan and Goldman Sachs predicting the U.S. Federal Reserve may end its Quantitative Tightening (QT) program. Analysts see this as a potential catalyst for renewed BTC momentum.
On-chain analyst Maartunn noted that Bitcoin’s intraday volatility has sharply narrowed, with price moves just 2% on October 21 and 3% on October 22. He described this as a “classic squeeze,” typically preceding a strong market breakout, as traders await a major macro event to trigger movement. Such periods of low volatility are often followed by sharp uptrends, especially when liquidity increases.
Market commentator Satoshi Stacker highlighted historical trends showing BTC tends to rally when the Fed shifts from tightening to neutral or easing policies. With the potential end of QT, Bitcoin could be poised for a significant surge, attracting investors who are looking to rotate from gold and other safe-haven assets into crypto.
