Bitcoin Price Analysis: BTC Tests Key Support Ahead of Crucial FOMC Decision

Bitcoin is entering a potentially decisive macro catalyst with its short-term structure already under pressure.

The asset has drifted back toward the lower boundary of its recent consolidation, while the market awaits tomorrow’s FOMC interest-rate decision, an event that could trigger a sharp expansion in volatility as expectations remain heavily skewed toward a rate increase.

Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin is trading around $77K after repeatedly failing to establish itself above the $80K-$82.3K resistance zone.

The rejection from this area has gradually weakened momentum, with the latest sequence showing lower highs and renewed pressure toward the lower end of the post-breakout range. Despite this weakness, the broader structure has not broken down yet.