BTC dips slightly as Wall Street opens on September 18, awaiting Fed rate decision. 📉
- BTC drops 1% as US trading session begins.
- FOMC meets, forecasts 0.25% or 0.5% rate cut.
- Trader Jelle: "Prices below key resistance. Waiting for FOMC, something will change tonight."
- CME Group data: 0.5% rate cut likely.
- Material Indicators: "Market knows rates will be cut, how much is important?"
- CoinGlass: "Key resistance at $61,500 and $61,750. Expect shorts to be liquidated soon."
QCP Capital: "Fed decision will have long-term implications. Expect high volatility after meeting."
What do you think of the Fed rate decision? Comment below! 💬#Bitcoin#Crypto #FOMC