The price of Bitcoin falls as a result of the FOMC meeting š
The price of Bitcoin plummeted after the Federal Reserve meeting, falling from $94,477 to $89,459 per unit šø. The reduction of the interest rate by 25 basis points was not enough to boost the price of Bitcoin, which was affected by the statements of Fed Chairman Jerome Powell š.
- *Negative factor*: The Summary of Economic Projections (SEP) forecasts only one interest rate cut in 2026, which triggered selling pressure on the price of Bitcoin š.
- *Forecast*: Technical analysis suggests that the price of Bitcoin may fall below $90,000 again within a month, but may exceed $102,000 per coin in three months š.
- *Complex context*: The cryptocurrency market is particularly complex, making predictions difficult š.
š„ The price of Bitcoin falls after the FOMC meeting
š” Technical analysis suggests a short-term decline
š„ The cryptocurrency market is complex and volatile
š The price of Bitcoin may recover in three months.
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