Crypto’s Fate Hangs on Fed’s Words: Will Bitcoin Cry or Laugh?

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The U.S. Federal Reserve, that old gray mare, will clomp into the spotlight on Wednesday, October 29, 2025, after two days of hushed conversations in the dark. The Fed, ever the cautious farmer, is expected to cut rates by 25 basis points, as if it’s a tiny step in a long, winding road. 🚶‍♂️🌾

Markets, ever the hopeful gamblers, have already laid their bets, 96.7% sure the Fed will cut rates. But don’t be fooled-traders are already eyeing December like a hungry wolf, whispering of another 25 bps. Yet the real show? Chair Powell’s speech, where he might drop hints like seeds in the soil, waiting for the harvest. 🌱

Crypto markets, like a restless crowd, brace for a storm. The rate cut is already priced in; others say Powell’s words could still trigger a frenzy, especially in those risk-loving assets like Bitcoin, Ethereum, and XRP. 🌪️💸

Bitcoin (BTC) Price Prediction: Correction Before Rally?

Bitcoin, that sly fox, is hunkered down near $113k, looking like it’s holding its breath. If the Fed’s tone turns hawkish, Bitcoin might take a short-term dive toward $104k, with the possibility of a deeper fall to $92k. But if Powell speaks softly, Bitcoin could rally toward $120k and beyond. 🐆

Analysts, ever the optimists, say this could be the start of another “buy the dip” season. Or maybe they’re just trying to sell us a dream. 🎯

Two Short-Term Scenarios Are Currently in Play for BTC

  1. Scenario 1 – Continuation with Pullback (Red Path):
    Bitcoin dances slightly higher into Wednesday’s decision, leaving a CME Futures gap unfilled. Post-FOMC, a sharp reversal could occur, testing the midrange near $109k-$110k before settling. 🐍
  2. Scenario 2 – Retracement Then Rally (Green Path):
    Bitcoin fills the CME Futures gap before the meeting, setting up a reversal higher. This could open the door for a new all-time high in November. 🌱

With a 98% chance of a Fed rate cut, analysts believe this may mark the beginning of another “buy the dip” season for BTC. Or maybe it’s just another rollercoaster. 🎢

Ethereum (ETH) Price Prediction: Range-Bound Before Fed Moves

Ethereum, the quiet one, stays within its bounds, mirroring Bitcoin’s cautious steps. ETH has been consolidating around $6k, like a turtle waiting for the rain. A dovish Powell could lift ETH toward $6.8k-$7k, while a hawkish stance might send it lower to $5.7k-$5.8k. 🐢

Short-term volatility is likely to increase during the FOMC announcement. But hey, at least it’s not a slow drip. 💨

XRP Price Prediction: Sideways but Poised for a Breakout

XRP, the underdog, waits with bated breath, trading sideways like a cat on a hot tin roof. Traders say XRP’s next move depends on Bitcoin’s reaction post-FOMC. 🐾

If Bitcoin rebounds, XRP could break out toward its next resistance levels. But if the market turns sour, it might retest supports. A true test of patience. 🧘‍♂️

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FAQs

What is the FOMC meeting and why does it affect crypto prices?

The FOMC is the Fed’s policy-setting committee. Its decisions on interest rates influence the entire economy, driving risk appetite in assets like Bitcoin and Ethereum. 🧠

How do rate cuts or hikes impact Bitcoin and Ethereum?

Rate cuts make borrowing cheaper, often boosting riskier investments like crypto. Hikes can have the opposite effect, pulling money into safer, interest-bearing assets. 💸

What are analysts predicting for Bitcoin ahead of the FOMC decision?

Analysts see two main scenarios: a brief pullback to fill a price gap or a continuation of the rally toward new highs, depending on the Fed’s tone. 🔄

Is it wise to trade crypto before the FOMC decision?

Trading before high-volatility events like FOMC is risky. Many traders wait for the announcement and market reaction to establish a clearer direction. 🚧

What time will the FOMC interest rate decision be announced?

The Fed’s interest rate decision is scheduled for 2:00 PM Eastern Time on Wednesday, October 29, 2025, followed by a press conference. ⏰

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2025-10-28 10:54