Odaily News Some traders expect Bitcoin to move sideways in the coming weeks as uncertainty over the Federal Reserve’s next steps and delays in a key regulatory decision on ETFs hamper Bitcoin’s recent gains. . Analysts at Japanese exchange Bitbank, led by Yukari Kusu, said in a report on Tuesday: “Bitcoin upside has been contained at the psychological level of $38,000. One of the reasons why Bitcoin has not been able to break through this level is that , the SEC last Thursday delayed Hashdex’s application to convert its existing Bitcoin futures ETF into a spot ETF.” Meanwhile, analysts at cryptocurrency exchange Bitfinex said in a report on Tuesday that they expect the Federal Reserve to Keep rates steady at December meeting: “Overall inflation has declined significantly from 6.4% at the start of the year. This should give the Fed plenty of room to keep rates steady at the December meeting, in line with current expectations in the Fed futures market,” It is also consistent with its goal of maintaining economic expansion.” (CoinDesk)