Bitcoin: Falls After Powell's Final FOMC

Bitcoin tumbled in early trading on April 30, 2026, following Federal Reserve Chair Jerome Powell's presumed final FOMC meeting, where hawkish tones on rates pressured risk assets. The leading cryptocurrency shed over 1% overnight, reflecting broader market jitters tied to persistent inflation data and tightening monetary policy—echoing the crypto market crash vibes from late 2025 when similar Fed signals crushed BTC rallies.

Traders now eye BTC price prediction scenarios amid this macro squeeze, with historical context showing Fed pivots often sparking volatility in assets like Bitcoin and even trending plays such as TAO.

Zooming into the 4-hour chart, BTC hovers at $76,442.76, pinned just below the EMA50 resistance at $76,753.60 in a clear bearish structure, while the EMA200 at $74,156.49 acts as a deeper support floor. MACD screams downside with a -350.42 reading and fresh death cross, amplifying the bearish trend strength. RSI at 47.41 stays neutral, offering no immediate relief, as price trades inside Bollinger Bands—upper resistance at $77,808.30 caps upside, but a breach lower toward $75,278.69 support could accelerate selling before any macro rebound kicks in.