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Bitcoin (BTC) Price Faces Pressure as FOMC Looms: Buy-the-Dip Opportunity?

  • Bitcoin faces pre-FOMC selling pressure, but optimistic buying suggests resilience and recovery potential.
  • A CME futures gap near $102K offers a key focal point for price action and a potential buy-the-dip opportunity.
  • Bitcoin remains below the $105,000 mark as traders await the Federal Reserve's interest rate announcement.
  • The market is anticipating a 0.25% rate cut by the Federal Reserve, raising concerns about inflation and the labor market.

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