Bitcoin must close above $81,000 this week to mitigate the risk of significant downside, analysts warn. A close below this threshold could lead to a deeper correction toward $76,000. With the Federal Open Market Committee (FOMC) meeting approaching on March 19, investor sentiment could shift significantly based on outcomes related to the Fed’s monetary policy. Current market predictions suggest a 98% chance of the Fed maintaining interest rates. However, unexpected hawkish signals might pressure Bitcoin, as the ongoing macroeconomic uncertainties around global trade tariffs loom large. Analysts suggest that a close above $85,000 could inspire renewed investor confidence after a week where prices dropped over 3%. Additionally, legislation to secure a Strategic Bitcoin Reserve could contribute to a more favorable regulatory environment, further supporting Bitcoin’s adoption and market stability.

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