#FOMCMeeting
🚨 Bitcoin at a Turning Point: All Eyes on FOMC & China Tensions 🇺🇸🇨🇳
Bitcoin is hovering around $104K as the market awaits the upcoming FOMC meeting on June 18 📆. The big question: will the Fed pause interest rates or bend under political pressure? 🏛️
$BTC
Meanwhile, US-China trade tensions are heating up again 🔥. A new deal excludes rare earths used for military, giving China more leverage ⚙️. This geopolitical tension adds pressure on the crypto market too 💣.
Despite the uncertainty, BTC whales and retail investors are holding tight 🐋🤝. Over 550,000 BTC have been withdrawn from exchanges, reducing supply 📉.
Experts believe Bitcoin could either surge past $112K 🚀 or drop near $97K depending on Fed Chair Powell’s comments and China’s next move 🧠💬.
$ALT
👉 In short, macro forces, not just charts, are driving Bitcoin right now. Stay alert. Stay informed