Bitcoin’s volatility may rise after today’s FOMC, but it is unlikely to result in a new directional move, hinting at continued range-bound action for a few more days.
Key points:
Bitcoin is likely to witness wild moves following the Fed’s rate decision, but the price may remain inside the large $107,000 to $124,474 range for some more time.
Several altcoins, except BNB, have pulled back, indicating that traders are taking risk off the table before today’s FOMC.
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