#FOMCMeeting

Swissblock:

Bitcoin has two key pressure release valves:

- A reduction in geopolitical risk

- The FOMC meeting on Wednesday

- If we get a positive geopolitical headline, $BTC is likely to react

quickly, targeting a short squeeze.

- If Powell adopts a dovish stance, that will be an additional boost for the bulls.

With negative funding, it's the bears who are now in the spotlight.