Based on technical analysis, Bitcoin (BTC) currently shows a cautiously bullish outlook. The price is above the 50-day moving average and has found support at recent lows, suggesting underlying strength. However, it's important to monitor the RSI, which indicates overbought conditions near 70 and oversold conditions below 30, potentially signaling price pullbacks or rebounds, respectively. Volume trends should also be considered, as increasing volume during price rises confirms bullish momentum, while decreasing volume may indicate weakening bullish support. Overall, while indicators lean towards a bullish sentiment, ongoing vigilance and monitoring of these factors are advised to gauge potential market shifts accurately.#BTCFOMCWatch #BTC☀ $BTC $ETH