#FOMCMeeting
The FOMCMeeting on June 18 is shaping today's market action, and Bitcoin is responding in real time. At about $106,720, BTC is consolidating between $106K–$108K ahead of the Federal Reserve's rate decision. Traders are cautious: recent on-chain data hints at reduced selling pressure, but lingering uncertainty around monetary policy keeps risk appetite in check.
Historically, FOMC pauses have led to sideways movement in crypto—but unexpected dovish cues could ignite a rally above $110K. If the Fed signals ongoing tightening, expect volatility and a potential pullback into the $104K–$105K range.
Stay alert this week—Bitcoin’s next move could hinge entirely on Jerome Powell’s remarks.