key takeaways:
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This week, Fed Interest -Cut Auds are now less than 3%according to polymercate.
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If the major support levels are broken, the price of BTC may be reduced as $ 112,000.
The price of Bitcoin (BTC) was flat at $ 118,200 on Wednesday, as traders adopted a waiting-and approval of a wait amidst the increase in macro uncertainty.
97% chance interest rate unchanged
The US Federal Open Market Committee (FOMC) started a two -day meeting on Tuesday, which began on Wednesday at 2:00 pm with political decision at the expected interest rate on ET2.
The market participants hope that the Federal Reserve left the rates up to low rates despite the pressure of President Donald Trump.
Connected: Bitcoin Momentum Los Pre-F-Folk Derising, No Trend Change
There is a possibility of 97.5% in polymercate that the current interest rates will be between 4.25% and 4.50%, and 0.25% of the ring is just 2.3% likely.
A common market belief is that the price action of any recession from unchanged interest rates is already already.
Crypto’s investor Tedpilo said that traders appeared as “panic cells” on Tuesday as Fed Chair became unaware of the speed of Jerome Powell after the meeting.
“People dumped their bags in fear. But they would be potentially eliminated from buying back at high prices after speaking Fed,” Elest said, explaining that it is a familiar pattern that was moving at a fast pace in August.
“Then August hit, everything becomes perfect. And bypassing traders?
Therefore, the market will keep the power of Powell’s language at the FOMC News Conference to see if there is any change in tone.
“Investors must be listening to the fed chair very carefully, and a dowish posture can affect the market,”
“Powell’s words are more important in severed cases, but in press conferencing,” Coptionstrading101 told his X followers on Tuesday.
Traders are also looking at the deadline of several trump tariffs along with the deadline of Trump Tariff along with Friday’s US nonform payroll report and how they will affect the Crypto market.
What’s next for the price of bitcoin?
Currently, $ 120,000 major level traders are looking for bitcoins. Several analysts stated that a high volume push through this resistance opens to a sharp move to fresh all-TIM.
“This zone couple shift markets beyond the shift market dynamics, bringing to the $ 141K area into consideration,” Glasanode plays in its latest “Week Onchen” report.
The level of $ 141,000 matches two standard deviations above the Stth feeling value. As shown in the chart below.
Glassnode Added:
“This is an area where onchain metrics suggest to speed up the couch that takes advantage.”
Another level to see it is $ 125,000, which represents the base of STS, pushed more to a standard deviation.
On the negative side, traders should monitor $ 105,400 based on the STH cost of bitcoin and open around $ 93,000 annually, which coincides with a standard deviation low to the status.
A chart shared by the popular analyst Fort suggested $ 114,000- $ 116,000 as a major area of interest, as the BTC price couch dropped down to fill the failed gap price up to $ 112,000 before recovering.
For a big “what if” $ BTC,
The same mechanic as the last limit or …. only 2 climb. Time to fuck around time. pic.twitter.com/2ovbuemo8f
– Fort (@killaxbt) 30 July, 2025
Similarly, BTC analyst, Superbitcionbro said that Bitcoin could be reduced as $ 112,000 before “squeezed high” between $ 119,800 and $ 121,000.
Another bitcoin analyst Nebrasangooner said the BTC price “will remain in the range” as long as Powell speaks to take a big step. ,
There are no investment advice or recommendations in this article. Every investment and trading film includes risk, and readers should do their research while taking decisions.
