$BTC has been on a rollercoaster lately—dropping below $77K before bouncing back to $83K. These swings are fueled by regulatory concerns, market liquidations, and economic uncertainty. But the real game-changer? The upcoming FOMC meeting on March 19.
👀 Why Does the FOMC Matter?
The Fed is expected to hold interest rates steady at 4.25%-4.5%, just like in January. If they confirm this, we might see more risk appetite in the market—potentially sending BTC towards $95K.
📉 Bearish Case?
If BTC drops below $70K, it could repeat 2017’s pattern—retesting the previous high before deeper corrections.
📊 Key Market Signals
🔹 Open interest is at $33B, meaning leveraged bets are heating up.
🔹 Political uncertainty is driving liquidations and short-term dips.
🔥 What’s Next?
With the Fed’s decision incoming, volatility is almost guaranteed. Will BTC break new highs or take another hit? Buckle up.
📊 WhiteBIT Chart: BTC/USDT (1D)
