#FOMCMeeting đ Bitcoin Holds $108K Ahead of Fed Decision â What to Watch! đ
The BTC/USDT pair is trading at $108,224 (+1.2% in 24H) as markets brace for todayâs FOMC decision (June 17-18 meeting). Hereâs what traders need to know:
đĽÂ Key Scenarios:
1ď¸âŁÂ Rate Hold Expected: Fed likely to keep rates at 4.5%, but focus shifts to dot-plot signals for future cuts.
2ď¸âŁÂ BTC Reaction: Binance order books show heavy sell walls at $110K, but a dovish tilt could spark a breakout.
3ď¸âŁÂ Macro Backdrop: Gold (+5.42% monthly) and BTC are diverging â a hawkish surprise may strengthen their correlation.
đĄÂ Pro Tip: Watch for BTC volatility spikes post-announcement â algorithmic traders often amplify moves.
Did You Know? The Fedâs last unscheduled move was a 50bps cut in March 2020 â BTC rallied 23% after.