$BTC Bitcoin's price movement after the FOMC meeting depends on various factors, including the Federal Reserve's interest rate decision and market expectations. Here's what you need to know¹ ²:

- *Interest Rate Decision*: The market expects the Fed to keep interest rates steady at 4.25%-4.50%. A dovish stance could lead to a price surge, while a hawkish tone might trigger a bearish reaction.

- *Potential Scenarios*:

- *Bullish*: If the Fed is dovish and leaves the door open for a rate cut, Bitcoin could surge above $107,000, potentially reaching new highs above $110,000.

- *Bearish*: If the Fed remains hawkish or signals further rate hikes, Bitcoin could drop to $94,000 or even lower to $88,900.

Historically, Bitcoin's reaction to FOMC meetings has been mixed:

- *After Interest Rate Increases*: Bitcoin's price increased three out of four times after the FOMC announced rate hikes, often reaching a local top within a few days.

- *After Neutral Interest Rate Decisions*: Bitcoin's price fell three times and increased twice, but often reached a bottom shortly after the meeting and began an upward trend.

Given the current market conditions, Bitcoin's price could experience short-term volatility, potentially spiking to $67,600 or revisiting $70,000 after the FOMC meeting.³ Keep in mind that market expectations and the Fed's commentary will play a crucial role in shaping Bitcoin's price movement.

The current Bitcoin price is around $94,298.95, with a 0.08% decrease in the last 24 hours.⁴