According to @milesdeutscher, Bitcoin (BTC) remains rangebound and is likely to stay that way until the outcome of the upcoming rate decision is known, indicating event-driven consolidation rather than immediate trend expansion (source: @milesdeutscher on X, Aug 20, 2025). For trading, this points to a wait-and-see posture into the decision and close monitoring for post-decision volatility expansion and confirmed breakouts before initiating directional positions (source: @milesdeutscher on X, Aug 20, 2025).

According to Miles Deutscher, trading volumes for $BTC have been trending down since peaking in November. Lower volumes typically indicate that $BTC remains rangebound for an extended period, requiring traders to exercise patience until a new wave of buyers is triggered.

According to Miles Deutscher, Bitcoin experienced a mini bounce to $98.5K before rejecting back into the range at $95K, indicating potential rangebound movement until the CPI data release later today.