Bitcoin: Holds Uptrend Ahead of FOMC Decision

Bitcoin holds its lower-timeframe uptrend yet faces immediate pressure below $63000 with a potential slide toward $61000 if confidence erodes ahead of the FOMC meeting.

Traders watch former Fed official Kevin Warsh for forward guidance while recent CPI and PPI prints show cooling inflation. On the 4h chart BTC trades inside Bollinger Bands with price testing upper resistance at $65645 while the 50-EMA at $64479 acts as immediate resistance above the 200-EMA support at $63904; RSI at 46.38 leaves room for continuation yet a MACD golden cross at -181 signals building momentum that could stall without a clean break of the upper band.