#FOMCMeeting

The FOMC could trigger a major move for Bitcoin.

The price of Bitcoin seems poised to launch into an exceptional move, and speculation is rife. Will it skyrocket or crash? Analysts are preparing, and investors are holding their breath.

This technical setup foreshadows two possible scenarios. Bitcoin could break above its current psychological barrier if inflation turns out to be lower than expected.

Investors are indeed anticipating a possible easing of monetary policy by the Federal Reserve, a favorable scenario for risky assets like cryptocurrencies. But nothing is certain.

On the other hand, the Fed is currently maintaining a tone considered "hawkish." In its previous announcement, it hinted that there would be fewer rate cuts than expected in 2025.

If the meeting confirms this position, Bitcoin could suffer profit-taking and weaken. All eyes are therefore on the FOMC: it is the key factor that could dictate the short-term trend.