FOMC Meeting Could Trigger Bitcoin's Price Surge by January End
Some traders expect a Bitcoin price surge as the January FOMC meeting nears. Bitcoin hovers around $96,794 in a narrow range. Recent market volatility and certain crypto market trends hint at an upcoming move, as roughly half of traders keep watch. Source: 10xResearch Also Read: What Is Anti De-Dollarization: Support For US Dollar Grows In 2025 How the FOMC Meeting and Market Volatility Could Influence Bitcoin’s Price Surge Source: Watcher Guru Technical Analysis Points to Imminent Breakout Source: Bifinex.com 10x Research head Markus Thielen expects movement before the January 29 FOMC meeting. “Bitcoin trades within a narrowing triangle, signaling a breakout is imminent — likely no later than the January 29 FOMC meeting,” Thielen said on January 14. About half of crypto market trends follow wider economic shifts. Federal Reserve’s Stance and Market Impact The FOMC plans its first rate choice of 2025 soon. Some measures of market volatility point up. Bitfinex no...