$BTC briefly rose above $97,000 at the start of Asian trading hours on Wednesday, driving a broad rally in cryptocurrencies as traders prepared for a crucial interest rate decision from the new FOMC.

Experts say "growing geopolitical uncertainty is fueling volatility in financial markets. $BTC briefly surpassed the $97,000 threshold, defying macroeconomic pressures. If the current momentum holds, Bitcoin is poised to break above the $100,000 mark."

Let's see if the new FOMC will push the price beyond 100k with strong buyers. Will it be able to break above the R zone and retreat down to 90k?