Will Fomc Decision of the Bitcoin Price Price per $ 100,000?

The recovery of the Bitcoin price flagged as a focus is transferred to the upcoming decision on the interest rate in the open councilors.

Bitcoin (Btc) It was traded from 95,000 and $ 96,000 on the last check on Sunday. It is about 30% of its lowest level in April this year.

The movement of the price coincided with the claims of President Donald Trums that trade talks were conducted between the United States and other countries, including China, including China.

In a statementThe Chinese Trade Ministry indicated that It was open to conversations With Trump’s administration, but that the tariff prevented them.

By Wall Street JournalChina also plans to create a “potential bid of fentanyl” because Trump often used a drug store to justify tariffs.

Upcoming FOMC (Federal Outdoor Guidance Committee) The decision on interest rate will be the next key catalyst for the price of Bitcoin. This will set the tone for what to expect in the second half of the year.

Economists expect American federal reserves to maintain interest rates at 4.5%. Officials will also maintain a cautious tone because inflation remains elevated. They also expect prices to gradually grow as Trump Tariffs come into effect.

At the same time, officials are concerned that the economy can move towards the recession. The data published last week has shown that the economy is installed by 0.3% in the first quarter, the worst work of 2022. Years.

As such, officials can still propose a decrease of 0.25% in the June meeting, how polyMarket traders are expected. This move is likely to burn to the next set of bitcoin price prices.

Technical price analysis for Bitcoin

The daily shows that the price of BTC gathered in the last few weeks increases from $ 74,330 to High $ 97.927. It was transferred to an important level of resistance to $ 88,655, a dual bottom-bottomed decollet to $ 76,665.

Bitcoin has formed a mini gold cross mini sample, such as a 50-day movement of transition in crossing each other. Upper oscillators such as relative power indices and MACD indicators, everyone pointed out.

Therefore, the coin will probably continue to rise as that the bulls are targeting resistance to $ 100,000. Pause above that level will point to more profits, potentially up to all times of $ 109,300, accordingly BTC Prediction Prices.