Bitcoin: Traders Turn More Bearish Post-Fed

Bitcoin and Ethereum traders have grown even more bearish as prices fell sharply following the latest Fed decision.

Historical patterns from the past year show similar FOMC reactions often trigger extended positioning shifts toward caution in crypto markets.

Price action on the 4h chart reveals BTC at $62738.85 trading inside the Bollinger band near lower support at $62674.83 while EMA50 at $64614.96 acts as immediate resistance and the MACD death cross at -405.77 reinforces the bearish structure.