Bitcoin's price reached $84,358 as traders anticipate insights from the US Federal Reserve's FOMC meeting, where they expect a decision to maintain interest rates until at least June. This uncertainty is leading to pressure on risk assets, with Bitcoin's stability at $80,000 appearing fragile amid broader declines in US stocks. Analysts are particularly focused on comments from Fed Chair Jerome Powell, which could impact market sentiments. The trading firm QCP Capital warned of potential risk if Powell's remarks are unfavorable, possibly leading to a price drop for Bitcoin to $76,000. Additionally, if Powell adopts a dovish tone, it may help push Bitcoin above key moving averages, averting a potential 'death cross' scenario. Some observers noted a rise in retail investment in tech stocks, indicating a potential shift in market dynamics, with particular interest in stocks like Tesla and Nvidia. Overall, while Bitcoin shows resilience, the surrounding market environment remains uncertain, with significant attention on forthcoming economic indicators and Fed commentary.

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