#FOMCMeeting
As the FOMCMeeting unfolds, Bitcoin ($BTC) is holding firm around $106,706, showing mild upward bias following a dip to $106,366 earlier in the session. With geopolitical tensions easing and oil prices cooling, markets look steady—but monetary policy looms large.
The Fed is widely expected to hold rates steady, though fresh inflation data and trade uncertainties might delay future cuts . That cautious tone has kept traders on edge, yet recent ETF inflows and on-chain metrics suggest money is quietly flowing into BTC, reducing supply on exchanges.
Technically, BTC is consolidating below resistance near $108K–109K. A dovish Fed could trigger a breakout, but a hawkish stance may pull prices back into the $105K–106K range. This week’s volatility is shaping up to be a defining moment for traders.
How are you navigating the Fed’s news flow? Is your strategy breakout-focused or defensive?