FED Interest Rate Decision & FOMC This Week

We’re heading into a high-stakes week with the Federal Reserve’s interest rate decision and Jerome Powell’s FOMC press conference set for Wednesday. These events are known for injecting volatility into the markets, and this week will likely be no different. All eyes will be on Powell—what he says could shape the next leg for both equities and crypto.

Bitcoin Analysis

BTCUSD (Weekly)

As always, we begin with the weekly chart.
In the previous update, we highlighted this region as a potential weekly lower high zone—and so far, that’s playing out. The $98K resistance level has acted as a ceiling once again, rejecting price and keeping BTC beneath it. This zone remains crucial; it's the last stronghold for bears, and they’re clearly defending it.

That said, the broader structure isn’t broken. The key support to monitor is around the $90K level. This is where BTC reclaimed its previous range, marking it as an important demand area. As long as price continues to hold above $90K on a weekly closing basis, the structure remains intact, and we can keep looking for long setups on lower timeframes.

BTCUSD (Daily)

On the daily chart,

rejected from a supply zone, but the overall structure is still bullish. Should we get a dip into the $89K–$91K region either before or after the FOMC meeting, that could present a high-probability long setup.

This level aligns with the weekly support zone, making it a confluence area for bulls to defend. A reaction from this zone would be ideal for traders looking to re-enter or scale into positions.

BTCUSD (4H)

The 4-hour chart shows a clean rejection and a fake-out above the $96K zone. This level is now acting as a short-term ceiling. I’d prefer to see a move lower to sweep recent lows and trigger stop-losses—this kind of flush could set up a strong long opportunity, especially if it occurs near the $90K region.

As of now, I’m on the sidelines, watching how price reacts. I want to see those lows get taken out to trap some late longs before getting involved. Patience here is key.

Conclusion

The bullish structure is still intact on higher timeframes as long as BTC holds above $89K–$90K. I’ll continue to look for buy opportunities in that range. For now, I’m flat and waiting for the market to come to me—ideally through a sharp move down that shakes out some weak hands.