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CHIP HUNTER
Bitcoin has pulled back around 3.5% since the latest FOMC decision, and the reaction isn't out of the ordinary.
Historically, BTC has often seen 3–6% declines in the days following Fed meetings as traders reduce risk and digest the central bank's outlook. This time, the Fed kept rates unchanged but maintained a cautious, hawkish tone, while stronger bond yields and weaker market sentiment have added pressure on crypto.
As long as $63K remains under pressure, the next key support sits around $61K–62K. A decisive break below that zone could trigger another liquidity sweep before buyers step back in.
The next major catalysts are upcoming U.S. economic data and institutional ETF flows, which could determine whether Bitcoin finds support or extends its correction.
#Bitcoin #BTC #Crypto #FOMC #Macro #CryptoNews
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