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Bitcoin Predictions Amid Today's U.S. Federal Meeting

Eyes are on the U.S. Federal Meeting today, where markets are closely monitoring monetary policy decisions, especially after pressure from the U.S. President to lower interest rates. With expectations of keeping the interest rate at its current levels (between 4.25% and 4.5%), the greater focus remains on Jerome Powell's statements for any indications regarding future direction.

On the other hand, Bitcoin shows remarkable resilience, currently trading above $96,000, and facing strong technical resistance at the $99,900 level. Breaking this barrier could open the door to higher levels, while failing to surpass it may lead to profit-taking.

The Federal Reserve