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Cryptocurrency markets are trading sideways one day ahead of the Federal Reserve’s interest rate decision.
Notable Statistics:
Notable Developments:
Trader Notes: Crypto trader MaxBecauseBTC revisited an old fractal, comparing the launch of the Gold ETF with the Bitcoin ETF, noting BTC has closely mirrored gold's path for over a year. If the pattern holds, Bitcoin could climb past $190,000.
Daan Crypto Trades said Bitcoin is holding strong within its range, even as stop hunts play out ahead of the Fed decision.
Nic Puckrin called September a pivotal month: Bitcoin has repeatedly failed to close above a long-term trendline that capped the last two bull markets. Whether BTC finally breaks through or rejects again could set the tone for the cycle.
CrediBULL Crypto highlighted a clean triple tap pattern, offering two scenarios:
Given current market context, Scenario 1 looks more likely — expecting demand to hold and liquidity grab above $117,000. If demand breaks, watch $113,000 next.
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