$BTC the pause in the upward trend reflects uncertainty ahead of the FED announcements. The probabilities of a rate cut are at 1.8%, starting tomorrow.

Rates have remained in the range of 4.25% to 4.5% since January 2025.

Powell's stance (Chairman of the Fed) maintains that the U.S. economy remains strong, with a solid labor market and inflation that does not warrant immediate action.

Although the interest rate decision is important, investors are more focused on Powell's speech, as his comments have generated high volatility in the markets.

When he takes an optimistic stance, the markets consolidate, while a cautious or pessimistic tone tends to trigger a downward trend.