Witnessed $BTC cases of significant fluctuations coinciding with market anticipation for the Federal Open Market Committee meeting, which is considered one of the most important events affecting global market movements.
Investors are looking for clear signals from the Federal Reserve regarding the future of interest rates, as the decision is a key factor in determining market trends, especially for high-risk assets like cryptocurrencies.
If interest rates are maintained or a cautious tone is issued, this may push Bitcoin towards new resistance levels.
However, if the Fed surprises the markets with a hawkish stance and raises interest rates, we may see an additional wave of market decline. Therefore, traders prefer to be cautious and wait for the official results and monetary policy statement before making their decisions.
