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Bitcoin trader warns of 'bearish reaction' to FOMC with $64K now essential

Bitcoin trader warns of 'bearish reaction' to FOMC with $64K now essential

CoinTelegraph·17hRead the full story →

Hex37's read

  • Bitcoin faces potential bearish reaction to FOMC meeting.
  • Key support level identified around $64,000.
  • A $55,000 BTC price target remains a possibility.

What it means for traders

  • Traders should monitor the $64,000 level for potential support or resistance.
  • The FOMC announcement could trigger significant volatility for BTC.

Affected markets

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