Opinion: BTC may need to close above $81,000 per week to avoid downside fluctuations before the FOMC meeting
2025-03-15 11:12:25
Bitcoin needs to close above the key $81,000 weekly line to avoid more downside volatility ahead of next week's FOMC (FOMC) meeting. Ryan Lee, principal analyst at Bitget Research, said that a break above $81,000 this week will be key to avoiding further declines in Bitcoin. Staying above that level would indicate resilience, but if it fell below $76,000, it could trigger more short-term selling pressure. According to the latest estimates from CME Group's Federal Reserve Watch Tool, the market currently sees a 98% chance that the Federal Reserve will maintain interest rate stability.
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