Analyst Ali: Out of the 7 FOMC meetings this year, 6 have led to BTC price corrections
According to well-known crypto analyst Ali, of the 7 FOMC meetings this year, 6 have led to BTC price corrections, with only 1 resulting in a short-term rebound. Among these, the largest decline reached 27%, with a recorded increase of 15% only after the meeting on May 7.
The market expects that the FOMC meeting on December 10 will announce a rate cut, with a probability of 87.4%. However, statistics show that BTC usually faces volatility and downward pressure during FOMC meetings, and investors should be alert to market reactions. The FOMC announcement time is at 3 AM on December 10 (Beijing time), and the Federal Reserve Chair's press conference will be held at 3:30 AM, which may trigger significant market fluctuations.
