#FOMCMeeting The anticipation surrounding the #FOMC meeting is high, especially for cryptocurrency markets. With the Federal Open Market Committee (FOMC) meeting scheduled for this week, significant volatility in digital asset prices is expected. Although the chances of an interest rate cut are minimal, attention is focused on the speech by Federal Reserve Chair Jerome Powell. Any "dovish" signals or a change in the tone of his message could influence market sentiment, leading to potential upward movements in risk assets like cryptocurrencies.

Currently, the price of Bitcoin is within a tight range, struggling to break key resistances. The inability to surpass $112,000 in recent weeks has created uncertainty, and some analysts suggest that a drop below important support levels could trigger liquidations. However, the long-term bullish sentiment remains intact for many investors, with hopes that Powell's words will provide the necessary catalyst for a new rally. The interplay between the Fed's monetary policy and Bitcoin's ($BTC) behavior continues to be a central topic of analysis.