$BTC

Bitcoin (BTC/USDT) : The calm before the storm?

#FOMCMeeting #BTCUSDT #CryptoNews

Bitcoin is currently hovering around $94,200, recording a slight decrease of 0.1% this Tuesday, May 6, 2025. A deceptive calm? Not really.

Markets hold their breath before the Fed

This week, all eyes are on the FOMC meeting. The question is simple: increase, pause, or decrease in rates? But the answer could have a shocking effect on the crypto markets.

Institutional investors are not sitting still. Fidelity's Bitcoin ETF has recorded net withdrawals of $57.8 million, a sign of palpable nervousness. Whales are taking precautions. You might want to do the same.

Increase in volatility, defensive strategies

On the side of professional traders, the tone is set: rising implied volatility, maximum uncertainty. The QCP group recommends cautious strategies, particularly range-trading, while awaiting the Fed's verdict.

But BlackRock is not trembling

Going against the trend, BlackRock has just invested an additional $2.5 billion in BTC. Strong signal: for the giants of Wall Street, Bitcoin remains a long-term asset… even in the midst of the storm.

To keep a close eye on:

Technical support at $93,000

Resistance around $97,000

The Fed's decision tomorrow evening (direct impact on the dollar, gold, and... Bitcoin)

In short

Bitcoin is at a crossroads. Either the Fed reassures the markets, and BTC could rebound towards $100k. Or a bad surprise ignites fear, and the market risks a sharp correction.

Stay clear-headed. Stay strategic.