Bitcoin (BTC) may face more volatility this week as the five major banks, led by the United States’ Federal Reserve, prepare to announce their economic policies.
After meeting with a sponsored meeting a few weeks ago, like Finbold he explainedThe Bitcoin price may adjust following this week’s release of the Federal Funds Rate and the FOMC (Federal Open Market Committee) Statement. Additionally, the price of BTC fell each time the Fed released its FOMC statement from July 2025 until last month, according to analysis shared on X by marketing expert @XBTkaz on April 27.
On Wednesday, April 29, the Fed is expected to keep interest rates steady at 3.75%, despite pressure to cut. At press time, Polimamarket traders were 99.9% sure that the Fed would not change its rates, and difficulties of 25bps cut below 1%.
Bitcoin price targets amid FOMC report
Bitcoin’s price is locked in a months-long bear market, characterized by highs and lows. From February 2026 until now, the price of BTC has formed a possible flag, which is defined by a corresponding rising trend, based on awareness from a marketing expert on X alias JDK Analysis.
Following the recent pump of the price of BTC above $79,400, the analyst believes that the downward trend may be constructive. Therefore, a possible sell-off in the near future may also test the lower limit of the uptrend.
If the Fed keeps its interest rates on hold, selling issues could occur in the coming days and weeks. In addition, the BTC price spray in the FOMC statement may mean that the event has already been bought by many.
