FOMC Rate Decision Alongside Powell's Speech: Which Way Will Bitcoin Go?

Before this, there's still an American session and US stock phase. However, I continue to be bullish on a pullback or breaking below the 73,000/23,000 level under pressure.

Let me first interpret the Federal Reserve's rate decision!

The March Federal Reserve rate decision will maintain rates unchanged with 100% certainty—no rate cut means a hold. But this hold has nearly been digested by the market. I expect a pattern of first falling then rising, so I'm inclined to see the American session and US stocks come under pressure and test lower.

Half an hour later comes Powell's speech—this is the key!

Whether it involves the number of rate cuts in 2026, the dot plot may be involved and will be crystal clear. The focus is whether he will step down or continue in office?

As a hawk representative, if Powell continues in office, that means sustained hawkishness.

If he steps down, Keynes is more likely to take over. After all, there was some hype at the beginning of the year, and the market once thought he was a hawk representative. The crash at the beginning of the year was partly due to this.

So tonight I'm bullish on BTC pulling back a wave and then continuing to rise. Under such conditions, beware of sudden spikes, and manage risk well! $BTC