Bitcoin price prediction: a 6 percent range in Fed week, what you can do now

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: Bitcoin stands at $80,302 at Tuesday midday, and the range of the past 30 days has fallen to 10.2 percent, the tightest reading since mid-August. What the three comparable phases since November 2024 say about the next trading days, and which levels frame the corridor.The Bitcoin price stands at $80,302 at Tuesday midday, and the more telling number is not in the price but in its movement: only 10.2 percent now separates the highest and the lowest level of the past 30 days. Measured on daily closes over the past two weeks it is just 5.0 percent. The market is trading as tightly as it last did in mid-August, and on Wednesday evening the US central bank decides on its key rate. For the coming days that points to one clear thing: a phase like this rarely ends with another quiet day. Where the price can point over a horizon of months is set out in our Bitcoin price prediction. This piece deals with the shorter term: with the squeeze itself, with what followed it in comparab...