#BTCPrediction At night, Bitcoin soared to $97,500
➡️Reason - rumors of possible negotiations between the USA and China regarding tariffs.
➡️Today - the Federal Reserve meeting, followed by Powell's speech. The forecast is that the rate will remain unchanged.
What to expect from the Federal Reserve meeting?
According to analysts from Santiment, a significant drop is not expected, as a huge amount of funds has flowed into BTC ETFs since mid-April.
From April 16, $5.13 billion has been transferred to the ETF.
Currently, BTC is trading above $96k, so a significant decline is unlikely for now.
However, Altcoins are reacting weakly - none have risen more than 12% (ETN, of course, hasn't either).