Viewpoint: The Federal Reserve FOMC meeting may trigger market volatility, with the current key support level for BTC at $85,000

ChainCatcher news, according to Cointelegraph, the Federal Reserve FOMC meeting will be held from March 18 to 19, and the market may experience price fluctuations in the coming days. An important announcement regarding interest rates will be released at 2 PM Eastern Time on March 19. Bitcoin must turn the resistance level of $85,000 into support to aim for a higher high of $90,000.

Analyst SuperBitcoinBro pointed out that Bitcoin's "worst-case scenario" could be between $71,300 and $73,800, while another analyst, Nebraskangooner, stated that the FOMC is an unknown factor, and BTC must reclaim $86,250 to confirm a bullish scenario in the lower time frame.