Markets - Bitcoin Consolidates Above Support Ahead of FED
Not much has changed since last week, with Bitcoin consolidating in a relatively tight range (93K-97K) ahead of today’s Fed decision. The U.S. central bank is widely expected to leave rates unchanged, but investors will be closely watching Chair Powell’s remarks at the subsequent press conference for future policy clues.
While Fed days are usually volatile, I remain cautiously bullish and will be buying any substantial weakness.
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