Bitcoin (BitcoinInterest rates could see extreme volatility this week, as five major central banks, led by the US Federal Reserve, prepare to announce their monetary policies.
Having seen a leveraged rally over the past few weeks, like Finbold He explainedBitcoin price may correct after this week’s Federal Reserve rate release and Federal Open Market Committee statement. Furthermore, Bitcoin’s price fell every time the Fed issued an FOMC statement from July 2025 until last month, according to a report from the FOMC. analysis Shared on X by @trading expertXBTkaz On April 27th.
On Wednesday, April 29, the Fed is expected to keep interest rates steady at 3.75%, despite continued executive pressure for further cuts. At press time, Polymarket Traders were 99.9% sure that the Fed would not change interest rates, with… probability A reduction of 25 basis points by less than 1%.
Bitcoin price targets amid FOMC report
The price of Bitcoin has been trapped in a bear market for several months, characterized by lower highs and lower lows. From February 2026 to date, Bitcoin price has formed a potential bearish mark, which is largely defined by a bullish symmetrical channel, based on Visions From a technical trader on the alias X GDK analysis.
After BTC’s recent price pump above $79,400, this analyst believes there could be a lower upside. As such, a potential sell-off may occur in the near future to retest the lower boundary of the ascending channel.
If the Fed maintains lending rates, a potential sell-off scenario could occur in the following days and weeks. Furthermore, the Bitcoin price pump in the FOMC statement may mean that the event has already been priced in by the majority.
