🇺🇸 Bitcoin Rally Could Slow Down Ahead of FOMC Meeting, Markus Thielen Warns

10x Research founder Markus Thielen predicts that the current Trump-led Bitcoin rally could slow down ahead of the next FOMC meeting on Jan. 29.

📉 Recent Performance:

Bitcoin saw a nearly 15% drop to $992,896,473,5592.800 following the December 18 FOMC meeting.

During that meeting, the Federal Open Market Committee (FOMC) reduced its projections for 2025 rate cuts from five to two.

🔍 Outlook:

Reduced expectations for rate cuts could negatively impact the market, suggesting a possible consolidation or pullback in BTC price ahead of the next meeting.

💡 What to Watch:

The market may be reacting conservatively to monetary policy decisions, which could dictate the tone of Bitcoin's future performance.#Bitcoin#BTC#FOMC#CryptoMarket #MonetaryPolicy