#FOMCMeeting Here’s the current Bitcoin snapshot:
📉 Price: $105,235 (–2.1% over last close)
Today’s range: $103,597 – $107,486
24‑hour trend: approximately a 2% decline from yesterday’s $107K highs
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🔍 What's driving BTC today?
**Price correction ahead of the Fed:**
Traders are trimming exposure leading up to the FOMC meeting and interest rate decision, which often triggers volatility .
**Short-term support levels:**
Analysts suggest BTC may find a floor between $102K–$104K before potentially rebounding .
**On‑chain dynamics:**
Profit-taking by mid‑term holders (~6–12 months) reached ~$904M recently—but long‑term holders remain mostly inactive, a bullish sign .
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📅 What to watch
**FOMC announcement tomorrow:**
Interest rate decisions can sway risk sentiment—expect more crypto volatility.
**Key support at $102K+:**
If this level holds, a bounce up to previous highs (~$130K in some forecasts) could follow .
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📝 Bottom line
Bitcoin is in a short-term pullback, pressured by macro factors (Fed anticipation, geopolitical tension). Watch the $102K–$104K zone for potential stabilization.
Would you like me to track how the FOMC outcome affects BTC later, or dive into technical/chart analysis and price prediction models?