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Viewpoint: The Federal Reserve FOMC meeting may trigger volatility, and the current key support turning point of BTC is $85,000

2025-03-18 12:28

Odaily News The Federal Reserve FOMC meeting will be held on March 18-19, and the market may see price fluctuations in the coming days, with an important announcement regarding interest rates to be released at 2 pm EST on March 19. Bitcoin must turn the $85,000 resistance level into support to aim for a higher high of $90,000.
Analyst SuperBitcoinBro pointed out that Bitcoin's "worst case scenario" could be at $71,300 and $73,800, while another analyst, Nebraskangooner, said that the FOMC is an unknown factor and that BTC must reclaim $86,250 to confirm the bullish scenario on the lower timeframe. (Cointelegraph)