The Federal Reserve FOMC meeting will be held from March 18 to 19, and the market may experience price fluctuations in the coming days. Important announcements regarding interest rates will be made at 2 PM Eastern Time on March 19. Bitcoin must turn the resistance level of $85,000 into support to aim for a higher target of $90,000.
Analyst SuperBitcoinBro pointed out that Bitcoin's "worst-case scenario" could be between $71,300 and $73,800, while another analyst, Nebraskangooner, stated that the FOMC is an unknown factor; BTC must reclaim $86,250 to confirm a bullish scenario in the lower time frame.
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