#FOMC Outcomes: The recent news about the Federal Reserve's decision to hold interest rates steady at 4.25%-4.50% is likely to have a positive impact on the crypto market. Here's why ¹:

- *Interest Rate Stability*: Keeping interest rates unchanged can lead to a more stable financial environment, making cryptocurrencies more attractive to investors.

- *Potential Rate Cuts*: The Fed's projection of two quarter-point rate cuts in 2025 could lead to increased liquidity in the market, potentially driving up crypto prices.

- *Technical Indicators*: Bitcoin's current price movement indicates a sequence of higher lows and lower highs forming a symmetrical triangle, which suggests a breakout is imminent.

*Key Factors to Watch:*

- *FOMC Meeting Outcome*: The outcome of the meeting could determine the next big move for Bitcoin.

- *Geopolitical Tensions*: A de-escalation in geopolitical risk could lead to a positive market reaction.

- *Fed Chair's Statement*: Fed Chair Jerome Powell's tone and language will be crucial in providing indications of future monetary policy.

Given these factors, the current situation seems *bullish* for crypto, with potential targets of $115,000-$120,000 if the breakout occurs. However, a hawkish stance from Powell could drive Bitcoin to critical support areas of $90,000-$93,000