The FOMC meeting minutes — and most importantly, the wording of the final rate statement — will decide Bitcoin’s trend. Technically, the chart shows that bulls confidently bought the dip, but that momentum faded by the end of the week.
The latest correction narrowed the Bollinger Bands, so the market is basically going into hibernation until midweek
I think this is a sign of improvement in the price of Bitcoin which is why I will see a very good result in this meeting which will increase some hope for investors. If it is point out then it will be a really good buy price, which will not be controlled later. This week we will be given a good pump from Bitcoin, which will reduce the weak of the previous weeks.
And today Bitcoin has already risen above $111K, it can be said that Bitcoin has started a positive movement, and the price of Bitcoin is definitely expected to move up quite a bit good this month. The kind of movement of Bitcoin proves that Bitcoin's volatility is never a problem, because a positive movement can push Bitcoin far ahead from its previous position, just as we hope it will happen very soon, probably within this month.