BTC Holds Above $112K Support Before FOMC: Standard Correction and Uptrend Outlook
According to @CryptoMichNL, the latest dip is a standard pre-FOMC correction rather than a structural breakdown, source: @CryptoMichNL on X (Oct 28, 2025). He states Bitcoin (BTC) is holding above the crucial $112K level and looking for support, which he expects to hold, source: @CryptoMichNL on X (Oct 28, 2025). He expects the uptrend to continue after this test, making $112K the key level for traders to monitor into the FOMC event, source: @CryptoMichNL on X (Oct 28, 2025).
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Bitcoin's resilience in the face of pre-FOMC corrections is drawing significant attention from traders, as highlighted by market analyst Michaël van de Poppe in his recent update. According to van de Poppe, the current market dip is nothing out of the ordinary, representing a standard correction ahead of the Federal Open Market Committee meeting. He emphasizes that Bitcoin is maintaining its position above the crucial $112K level, actively seeking support and poised for a potential continuation of its uptrend post this testing phase. This perspective comes at a time when BTC traders are closely monitoring key support zones to gauge the next big move in cryptocurrency markets.
Analyzing Bitcoin's Key Support Levels and Price Action
In the context of this pre-FOMC environment, Bitcoin's ability to hold above $112K is critical for sustaining bullish momentum. Van de Poppe's analysis, shared on October 28, 2025, points to this level as a pivotal support that could determine the trajectory of the ongoing uptrend. Traders should note that if BTC manages to consolidate here, it could signal a rebound, potentially targeting higher resistance levels such as $115K or even $120K in the short term. Historical patterns show that FOMC announcements often trigger volatility, but pre-meeting corrections like this one have frequently led to upward continuations once uncertainty clears. Without real-time market data indicating otherwise, this holding pattern suggests a bullish bias, with on-chain metrics potentially showing increased accumulation by whales during these dips. For those engaged in BTC trading, watching trading volumes around this $112K threshold will be essential, as a spike in buy-side activity could confirm the support and propel prices higher.
Trading Opportunities Amid FOMC Volatility
From a trading strategy perspective, this scenario presents intriguing opportunities for both spot and futures traders. If Bitcoin continues to find footing above $112K, as van de Poppe anticipates, long positions could be favorable, especially with stop-losses placed just below this key level to mitigate downside risks. Market indicators such as the Relative Strength Index (RSI) might show oversold conditions during this correction, hinting at a reversal. Additionally, correlations with major stock indices could influence BTC's movement, given the broader market's sensitivity to FOMC decisions on interest rates. Institutional flows into Bitcoin ETFs have been a supportive factor in recent months, and any positive FOMC outcome could amplify this, driving BTC towards new highs. Traders should also consider multiple trading pairs like BTC/USD and BTC/ETH to diversify exposure, ensuring they track 24-hour price changes and volume data for timely entries. This pre-FOMC test underscores the importance of patience, as premature sells could miss out on the expected uptrend resumption.
Broader market sentiment remains optimistic despite the correction, with van de Poppe's view aligning with patterns observed in previous FOMC cycles. For instance, past data indicates that Bitcoin often experiences a 5-10% pullback before these events, only to rally post-announcement if no major hawkish surprises emerge. In terms of on-chain analysis, metrics like active addresses and transaction volumes could provide further validation; a steady or increasing trend here would bolster the case for continuation. SEO-optimized strategies for Bitcoin trading in such environments include focusing on long-tail keywords like 'Bitcoin price support levels pre-FOMC' to capture search intent. As the market awaits the FOMC outcome, maintaining a watchful eye on this $112K level will be key for identifying trading signals. Overall, this correction appears as a healthy reset rather than a bearish shift, setting the stage for potential gains in the cryptocurrency sector.
Exploring cross-market implications, Bitcoin's performance could influence altcoins and even stock markets, particularly if FOMC hints at rate cuts that boost risk appetite. Traders interested in AI tokens might find indirect opportunities, as positive crypto sentiment often spills over to tech-driven assets. In summary, van de Poppe's insight encourages a bullish outlook, reminding traders that not every dip signals doom—sometimes, it's just the prelude to the next leg up in BTC's journey.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast