Bitcoin Price Prediction as FOMC Nears: Will 90% No-Cut Probability Pressure BTC?

TL;DR:

Bitcoin price continues to trade within a defined range as macro pressure intersects with weakening momentum. The most recent development in the BTC price was the recovery of the price to the $90,000 mark towards the major supply zone.

Key Points:

Background:

Cryptocurrency regulation involves government oversight and legal frameworks designed to govern digital asset markets. Regulatory developments from agencies like the SEC, CFTC, and international bodies shape how cryptocurrencies can be traded, used, and integrated into traditional finance systems.

Why It Matters:

Regulatory clarity is crucial for mainstream adoption and institutional investment in cryptocurrencies. New regulations can significantly impact market dynamics, determine which projects can operate legally, and influence the future direction of the entire crypto industry.