An important event is expected on April 2: the US Fed will discuss interest rates, potentially impacting the economy and the cryptocurrency market.
Fed's Interest Rate Decision
The Federal Open Market Committee is expected to keep interest rates unchanged. All attention is focused on Jerome Powell's statements, which could influence interest rate forecasts.
Impact on Markets
Analyst Ali Charts notes that if inflation concerns persist, cryptocurrencies may decline. However, if signals for potential rate cuts appear, it might trigger optimism and a rally for Bitcoin and stocks.
Future Scenarios
According to Charts, if Powell confirms high rates, the crypto market could decline, but if there are hints at policy easing, the market might go up. A Bitcoin breakout above $86,000 could spark active market movement, while a fall below $80,000, especially under $77,500, might lead to panic selling.
The upcoming Fed decision and Powell's statements will be crucial for the economy and cryptocurrency market in the coming months.
