Bitcoin has retreated slightly to around $104 k, following a dip from ~$107 k as traders trim exposure before the Fed decision .
• On‑chain data highlights raised profits for mid‑term holders, while long-term investors remain steady—signs of consolidation, not panic .
• Technical outlook suggests a possible rebound to $112 k+ if Powell hints at dovish policy—but a hawkish tone could pull prices toward $102 k or lower .
• With $434 M+ in BTC futures liquidated and geopolitical tensions in play, the #FOMCmeeting outcome could spark sharp volatility .
