Bitcoin: Fed FOMC Surprise Threatens Price Action

Bitcoin faces immediate pressure from an imminent FOMC decision that AltcoinDaily warns could blow up price action while holders cling to outdated narratives. Oil price weakness already signals broader risk-off flows that have pressured BTC throughout the past six months. With price testing upper Bollinger resistance at $67421.77 while RSI sits neutral at 42.39 and MACD prints a death cross, a healthy retracement to the 50-EMA support at $64845.44 looks probable before any continuation attempt. The Clarity Act timeline before end of July adds regulatory HYPE yet fails to offset the bearish trend structure below the 200-EMA at $69261.79. Traders tracking BTC price prediction models now weigh Scaramucci’s Q4 rally call against Michael Saylor FUD and persistent fear in the air.