💥 Shocking Turbulence! BTC Holds at $94,350 Before FOMC, Moment of Choice: $100,000 or $81,000! 😱🚨

Powell's Speech + Trump Pressure, Market Hanging by a Thread!

BTC Price Outlook

Bitcoin (BTC) is currently priced at $94,350, with increased volatility ahead of the FOMC meeting on May 7. CME FedWatch indicates a 98.2% probability of maintaining interest rates at 4.25%-4.50%. Trump pushes for rate cuts while Powell insists on 'wait and see', due to 2.6% inflation and 4.2% unemployment rate. The Fed's $5 billion Treasury buyback and 57% recession risk heighten uncertainty.

Technical and Key Points

BTC faced resistance over the weekend at $97,100-$98,100, down 4.5%. $93,000 is a key support level; if held, it could rise 10% to $102,500, but a break could lead to a drop to $81,000-$88,400. Powell's speech guidance, employment data, and confirmation of $93,000 support will determine the short-term trend.