🚀Bitcoin Price Preview: Eyes on the Fed Ahead of FOMC Decision🚀
The crypto markets are holding their breath as Bitcoin (BTC) hovers around key levels, awaiting tomorrow’s crucial FOMC meeting and potential interest rate signals from the Fed.
🔍 Market Insight:
While no rate cut is expected, traders are closely watching Fed Chair Jerome Powell’s tone. Any dovish hint could spark renewed bullish momentum in BTC, while a hawkish stance may trigger short-term volatility.
📉 BTC recently slipped below $63K, facing resistance amid mixed macro data and cautious sentiment. However, on-chain metrics show strong accumulation from long-term holders — a bullish signal beneath the surface.
⏳ With macro and crypto narratives converging, all eyes are on tomorrow’s Fed press conference.
Will Bitcoin break out or pull back?
Stay sharp. The market is about to move.
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