#BTCPrediction

Bitcoin Predictions Amidst Today's Federal Reserve Meeting

All eyes are on the Federal Reserve meeting today, as markets closely monitor monetary policy decisions, especially following pressure from the U.S. President to lower interest rates. With expectations to maintain interest rates at 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, 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 could spark the next move:

• “Dovish” statements could drive Bitcoin upwards.

• Continued “hawkish” tone could keep the market in a state of fluctuation.

Close monitoring is the key to decision-making right now.

Do you expect a rise to 100K soon?