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In recent hours, the price of Bitcoin has dropped below 88,000, with analysts blaming the FOMC tensions.
#البيتكوين price fluctuated as the weekly trading candle closed.
The price of Bitcoin fell below $88,000 as volatility returned, with the #BTCUSDT /USD pair dropping by $2,000 in just two hours. This move ended a quiet weekend and opened the door for a new CME futures gap—a pattern that the market has consistently "filled" over the past six months, according to traders on platform X.
According to trader Kila, Monday sessions often set the week's trend. If the weekend doesn't produce a price increase, the likelihood of hitting a weekly low on Monday rises. At the same time, significant weekend price surges often result in a weekly low on Monday.
FOMC bets focus on a potential Fed rate cut.
This week, attention is on the US Federal Reserve and its upcoming decision on #الفائدة rates. The CME's #FedWatch tool shows that markets largely expect a 0.25% rate cut. Investment manager Peter Tarr described the decision as "the week's main event," noting that liquidity and risk appetite hinge on the FOMC results, along with the delayed release of the #JOLTS report.
Historically, Bitcoin faces pressure ahead of FOMC meetings as traders brace for volatility driven by the Fed's guidance on future policy.
Analyst Michael van de Poppe warned that pre-FOMC meeting tension could push Bitcoin toward $87,000 before a sharp rebound. He argues that a confirmed uptrend could send Bitcoin above $92,000, and possibly toward $100,000 within a week or two, as the Fed moves toward rate cuts and quantitative tightening. For optimists, he identified $86,000 as a key level to defend.
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