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Watch These Bitcoin Price Levels Ahead of Fed Chair Powells Speech

by Vivek Kumar
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Watch These Bitcoin Price Levels Ahead of Fed Chair Powell’s Speech

Bitcoin (BTC) is attempting to break the resistance at $90,000 on Wednesday, as traders expect volatile price swings before and after the US policy decision on interest rate cuts.

Key takeaways:

  • The odds of the US Federal Reserve leaving interest rates unchanged today are 100%.

  • BTC price may drop as low as $65,500 if the key support zone between $80,000 and $84,000 is broken.

100% chance interest rates won’t change

There is nearly a 100% chance that the current interest rates will remain between 3.5% and…

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