Michaël van de Poppe reports Bitcoin is executing the price action required for a bullish breakout ahead of the FOMC, with the $80,500-80,800 zone serving as the key level that keeps the path open toward $82,200-82,500.

Fed prediction markets assign 74% probability to unchanged rates in September, reflecting steady monetary policy outlook amid recent economic data.

Fed rate hike odds at July 29 meeting plunge to 8% after CPI posts largest monthly decline since April 2020, shifting July FOMC meeting expectations.

Bitcoin at $66114.55 faces volatility as new Fed Chair Kevin Warsh holds first FOMC meeting Wednesday, with EMA50 support at $64449.9 and MACD bullish.

According to Michaël van de Poppe, Bitcoin is undergoing a correction, potentially influenced by macroeconomic factors such as the FOMC meeting and rising oil prices. He suggests this correction might be a rejection at resistance, with Bitcoin looking to establish a higher low before a potential retest of higher levels.

According to @CryptoMichNL, gold’s multi-year upside looks capped with a potential max near $4,500-$4,700 before a reversal (source: @CryptoMichNL, X, Dec 6, 2025). He adds that the turning point likely hinges on the upcoming FOMC decision and potential BoJ rate hikes, making policy meetings key volatility catalysts (source: @CryptoMichNL, X, Dec 6, 2025). He notes interest in allocating only after a 30-50% correction, indicating a wait-for-dip approach rather than chasing highs (source: @CryptoMichNL, X, Dec 6, 2025). He does not reference BTC or other crypto assets in this view, keeping the focus on gold and macro policy risk (source: @CryptoMichNL, X, Dec 6, 2025).

According to @CryptoMichNL, BTC is expected to remain range-bound into Tuesday, with no decisive break above 92,000 or loss of 85,000 as markets await the FOMC meeting, keeping Bitcoin and altcoins in consolidation. source: @CryptoMichNL on X, Dec 6, 2025. He adds that sentiment is weak, favoring slightly conservative positioning into the event, with 92,000 as near-term resistance to monitor and 85,000 as key support. source: @CryptoMichNL on X, Dec 6, 2025.