Bitcoin trader warns of ‘bearish reaction’ to FOMC with $64K now essential
Bitcoin approached important near-term support on new Fed chair Kevin Warsh’s first FOMC day with a $55,000 BTC price target still on the table.
Bitcoin (BTC) fell below $65,000 on Wednesday as traders predicted the impact of a key macro event.
Key points:
Bitcoin approaches the next Fed interest-rate decision near important support.