#FOMCMeeting $BTC

Bitcoin (BTC) Daily Brief – June 17, 2025

BTC trades near 103,900, holding above key support at 102,000 with resistance around 108,800 and 112,000. Mixed technicals signal caution—triangle consolidation suggests potential breakdown to ~101,700 or rally to prior highs .

Market sentiment is jittery ahead of the FOMC meeting. Expectations strongly favor no rate change (99.9%)—but traders await Powell’s tone for clues . Anticipation has already triggered a dip under 107,000 .

Institutional flows remain robust: spot BTC ETFs continue inflows, totalling $1.8 billion this week . Recent cooler U.S. CPI data (~2.4%) also lends support, giving hope for rate cuts later this year .

Summary: BTC is range-bound. A hawkish Fed tone may push it toward support near 102,000–101,700; dovish or neutral language could fuel a break above 108,800 toward 112,000+.