The main BTC price levels to watch with the reduction of the federal reserve price fades hopes

Main meals:

• The chances of reducing the interest rate in the Federal Reserve this week have become less than 0.1 %.

• The BTC price may decrease to $ 92,000 if the main support levels are broken.

Bitcoin (BTCPrice failed to try another attempt to break the resistance at $ 110,000 on Tuesday, when tensions escalated in the Middle East. Since June 5, BTC PRICE has not been able to break more than $ 112,000.

With the meeting of the Federal Open Market Committee (FOMC) on Tuesday and Wednesday, markets can see fluctuating price fluctuations towards the main BTC prices during the next few days. Politics decision on the interest rate will be taken on Wednesday at 2.00 pm Each time.

99.9 % of interest opportunity will not change

There is a 99.9 % chance that current interest rates remain between 4.25 % and 4.50 %, leaving only 0.1 % likely by reducing a rate of 0.25 %, according to CME’s Fedwatch tool.

However, market participants say that any declining prices of unchanging interest rates are already priced.

Market participants have now converted their focus into Jerome Powell, to the speech of the US Federal Reserve Chairman after the FOMC meeting. Federal Reserve and Powell Under pressure from US President Donald Trump To reduce interest rates.

Therefore, the market will see the Powell language with the FOMC press conference to see if there is any transformation in the tone.

“If Powell Duofish comes out, this is additional fuel for bulls,” He said Swimplock’s special wealth manager in a publication on Tuesday on X, adding that the cancellation of escalation in geopolitical risks will witness Bitcoin “move quickly, and the references target the bear.”

Swissblock managers also pointed out that Bitcoin financing has turned into negative after the escalation of Iranian hostilities, which increases the chances of “short disclosure” if the narration changes.

“With negative financing, the bears that are now exposed to excessive exposure, which open the door to potential pressure.”

At the same time, polymarket is now He says There is 42 % chance that the Bitcoin price will decrease to $ 100,000 by June 30, with the possibility of hitting 23 % New levels ever above $ 115,000.

The main bitcoin price levels for watching

Bitcoin should Destroy the highest level ever at 112,000 dollars In support to continue the bullish trend in discovering prices.

In order for this to happen, BTC/USD must first restore its position above the psychological level at $ 108,000. The last time this level was broken on May 21, when Bitcoin rose to new levels at all.

Above it, there is a major supply area that extends from $ 109,000 to $ 110,500, which will also have to overcome the bulls.

On the contrary, the bears will try to keep the resistance of $ 106,000 in place, which increases the possibility of withdrawing the price. The main interest field lies between 104,000 dollars, with a simple moving average for 50 days (SMA) currently, and the previous range levels have been reached at 102,800 dollars, on Friday.

Below, the next step will be a test for the psychological level of $ 100,000, with SMAS for 100 days and 200 days at 95,800 dollars and 94,600 dollars are the main levels to see below.

Related to: The rise in the price of Bitcoin with 10 years+ record remains “neutral” at 112 thousand dollars

The QCP Craft Trade Company indicated that the price of Bitcoin is still flexible, supported by the accumulation of continuous institutions, pointing to the constant purchase by metaplanet and Strategy and Bitcoin etfs spotWhich recorded the seventh week in a row of flows.

In a Monday’s telegram note, the company said:

“It seems that the market has re -discovered its foot, especially after the BTC was held over the main psychological threshold of $ 100,000 despite the initial shock.”

The HeatMap Binance BTC/USDT map shows the largest liquidity collection near the highest level at about $ 112,000.

if The level of $ 112,000 is brokenIt can cause pressure to liquidate, forcing the exposed sellers to close positions and drive prices about $ 114,000, the next main liquidity set.

On the negative side, bidding orders reach about $ 100,000, as the following main group sits between $ 92,000 and $ 93,000.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.