#FOMCMeeting With the FOMC meeting on June 17–18, Bitcoin is bracing for short‑term volatility. Traders expect no rate change, but Chair Powell’s tone could be pivotal . BTC has traded within a triangle formation around $104k–$108k; a hawkish signal may push it lower toward $102k–$101.7k, while dovish hints could drive gains to $107k+ . On‑chain and options data suggest caution, with increased implied volatility and some puts being bought as protection . Historically, FOMC announcements elevate realized volatility by ~5.8 units in the days following . In short: expect a significant move, direction hinging on rate‑path guidance.