Fed's Rate Decision Casts Shadow on Bitcoin's Path

Bitcoin price cools as Fed's rate hike looms. $BTC remains resilient if above 20-day EMA. Bitcoin prices have briefly retreated following recent gains as the crypto community braces for the Federal Reserve's imminent decision on interest rates. Amidst this backdrop, certain altcoins like $AAVE and $FET showcase bullish trends. The community, including observers like Timothy Peterson (@nsquaredcrypto), notes that dropping volatility indices could prompt renewed bullish momentum for Bitcoin, targeting $135K if conditions align. As always, volatility is to be expected around Federal announcements.