$BTC FOMC Incoming – What’s next for BTC on Binance?
The Federal Reserve is about to announce its decision on the interest rate today at 2:00 PM ET, with President Jerome Powell's press conference following at 2:30 PM ET. Markets widely anticipate that rates will remain stable at 4.25%–4.50%, but all eyes are on Powell's tone and guidance.
Bitcoin is currently trading near $97,000, showing resilience ahead of the announcement. Analysts suggest that a dovish stance from Powell could push BTC towards the $100K mark, while a hawkish tone could cause it to drop to the range of $91.5K–$92K.
The market is holding its breath before the latest FOMC meeting. Traders on Binance, what’s your opinion?
What will BTC do after the announcement?
1. Pump – Bullish reaction on the way
2. Dump – Fed hawkish, BTC bearish
3. Lateral – No significant movement
Vote below and let’s see what the Binance community thinks