Matrixport: Bitcoin may see significant fluctuations after the Fed’s decision

According to Foresight News , Matrixport released a chart report stating that "Bitcoin prices may see major fluctuations. Recently, cryptocurrencies have been fluctuating in a downward channel. Although there were signs of a rebound, their upward momentum may have stagnated. This is on the eve of the Federal Reserve's interest rate decision, especially Chairman Powell's guidance on future rate cuts. Currently, a newly formed triangle pattern has exerted downward pressure on Bitcoin prices. The market focus is on Chairman Powell and his economic outlook, as his speech is likely to affect the next move of the market. Bitcoin has increasingly evolved into a macro asset that reflects overall economic trends."