Bitcoin can recover at $ 90K in the midst of avoiding inflation concerns after FOMC meeting
Bitcoin can stop recovery above the key $ 90,000 psychological score amid avoiding financial inflationary concerns in the world’s largest economy.
Bitcoin’s (Btc) Over two months the downtrend has lifted a lot of alarms that are the current Bitcoin Bull Cycle It may be completed, denial of the theory of the four -year market cycle.
Despite extensive investor concerns, Bitcoin can be monitored with a recovery above $ 90,000 for avoiding inflation concerns in the United States, according to Markus Thielen, the CEO of 10X Research.
“We can see some counter-trend rallies as the prices are overlooked, and there’s a good chance that the Fed is gentle dovish,” Thielen told cointelegraph, adding:
“This is not a major bullish development, rather some fine-tunings from the rules.
The Bitcoin Daily RSI indicator. Source: 10x research
Investor confidence can also improve federal reserve chair comments Jerome Powell indicating that the Fed will “remain in the midst of increasing uncertainty in households and business,” written by a 10x research on a March 17 x x PostAdding:
“Powell also expressed doubts about the prolonged inflationary impact of Trump’s tariffs, referring to the 2019 scenario where tariff-related inflation, and the Fed eventually cut rates three times.”
Meanwhile, investors are eagerly awaiting the Federal Open Market Committee (FOMC) meeting today, for Fed’s financial policy clues for the rest of 2025, a development that can affect the investor’s appetite for the Risk assets such as Bitcoin.
Related: Crypto Market’s greatest risk in 2025: US backward, circular crypto economy
The FOMC meeting will be important for Bitcoin’s trajectory: Analyst
Entrepreneurs and investors are watching for any clues about the end of the Fed’s Easing (QT) program, “a step that can boost liquidity and risk ownership,” according to Iliya Kalchev, sending analyst to the Nexo Digital Asset Investment Platform.
“Fed’s upcoming decision can be a major catalyst for further movement, “the cointelegraph analyst said, adding:
“If Chair Powell spreads his dovish wings, Bitcoin could fly to the modified bullish momentum.”
“However, ongoing inflation concerns or a reproduction of tight financial conditions, such as elevated interest rates or continued tightening of liquidity, may limit the reversed potential,” the analyst added.
Related: Rising $ 219B Stablecoin Supply Signals Mid-Bull Cycle, Not Market Top
Target Target Rate Rate. Source: CME Group’s Fedwatch Tool
Markets are currently pricing at a 99% chance that Fed will maintain interest rates, according to the latest Fedwatch estimates of the CME Group Tool.
However, investors slapped their exposure to US equality by the most recorded by 40-percent-point between February and March, according to the latest Bank of America Survey – Increased concerns that The fear of retreating may be Bitcoin’s price action is painful.
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