#BTCPrediction
Bitcoin Predictions Ahead of the US Federal Reserve Meeting Today
All eyes are on the US Federal Reserve meeting today, as markets closely monitor monetary policy decisions, especially after pressure from the US President to lower interest rates. With expectations of keeping interest rates at their current levels (between 4.25% and 4.5%), the main focus remains on Jerome Powell's statements for any indications regarding future direction.
On the other hand, Bitcoin shows remarkable resilience, currently trading above $96,000, facing strong technical resistance at the $99,900 level. Breaking this barrier could open the way to higher levels, while failing to surpass it may lead to profit-taking.
The Federal Reserve could spark the next move:
• “Dovish” statements could drive Bitcoin upwards.
• Continued “hawkish” tone may keep the market in a state of volatility.
Close monitoring is key to decision-making at the moment.
Do you expect a rise to 100K soon?
