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The Federal Reserve's FOMC meeting may trigger fluctuations, and the current key support level for BTC is at $85,000

The Federal Reserve's FOMC meeting may trigger fluctuations, and the current key support level for BTC is at $85,000

Bitget2025/03/18 13:01

Odaily reports that the Federal Reserve's FOMC meeting will be held from March 18th to 19th. The market may experience price fluctuations in the coming days, and important announcements about interest rates will be released at 2 p.m. Eastern Time on March 19th. Bitcoin must turn the resistance level of $85,000 into a support level in order to aim for a higher high of $90,000.

Analyst SuperBitcoinBro pointed out that Bitcoin's "worst-case scenario" could be between $71,300 and $73,800. Another analyst Nebraskangooner stated that FOMC is an unknown factor; BTC must reclaim $86,250 to confirm a bullish scenario within a shorter time frame.

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