Bitcoin: Resistance Zone Tests Ahead of FOMC

Bitcoin heads into a major resistance zone that delivered multiple rejections over the past few months, leaving traders to monitor the FOMC for clues on whether this attempt breaks higher.

At $65516.22 the 4-hour chart holds a bullish structure above EMA50 support at $63953.94, yet price now presses the upper Bollinger Band at $65477.47 while RSI(14) reaches 72.13, pointing to overbought conditions that often precede a retracement toward the 50-EMA before any sustained move; such setups shape BTC price prediction models and highlight FOMC meetings impact on BTC price volatility.