Is the FOMC Decision Good News for Bitcoin & Crypto?
✅ Positive Aspects:
🔸Interest Rates Unchanged (4.25% - 4.5%) → No immediate tightening, which is neutral-to-bullish for risk assets like crypto.
🔸Bitcoin Holding Above Support ($81K - $82K) → No major sell-off after FOMC, indicating stability.
🔸RSI Shows Bullish Divergence → Potential for upward momentum if BTC breaks key resistance.
⚠️ Cautionary Factors:
🔸Bitcoin Facing Resistance (~$85,500, 200 EMA) → Needs a breakout for further rally.
🔸Bitcoin Dominance Declining → Altcoins might benefit more in short term if BTC stagnates.
🔸No Rate Cut Yet → Market expected dovish signals, so some uncertainty remains.
🔎 Verdict:
🔸Short-term: Neutral to slightly bullish (if BTC breaks resistance).
🔸Mid-term: Good for crypto if Fed signals future rate cuts.
🔸Long-term: Watching economic data & Fed stance for further market trends.
➡ Overall, this is NOT bad news and could be good if momentum builds.
$BTC