#FOMCMeeting Bitcoin is currently holding above $105,000 after a week of volatility due to rising tensions in the Middle East and uncertainty about U. S. monetary policy. Following a drop to around $103,000, it has rebounded as investors adjusted their risk exposure ahead of the upcoming Federal Reserve FOMC meeting. The price remains in a tight range as traders look for the next major movement.

Key factors influencing Bitcoin include escalating conflicts, particularly in Israel, which caused a slight selloff. Many are watching the FOMC meeting for potential changes in rate policy that could impact Bitcoin's price. Institutional support continues to be strong, helping maintain Bitcoin's value near recent highs, but resistance is noted between $110,000 and $112,000.

Investors should keep an eye on geopolitical events and signals from the FOMC, as these could drive significant price changes.