<ul><li>Bitcoin (BTC) price is poised for major volatility in the near term after consolidating for the past seven months.</li><li>Institutional investors are adopting Bitcoin to hedge against global fiat inflation, driven by geopolitical tensions and the macroeconomic outlook.</li><li>On-chain data shows a spike in dormant activity, suggesting an imminent Bitcoin price breakout.</li><li>Analyst Michael van de Poppe predicts a retracement to $61k followed by a rebound towards all-time high.</li></ul>

Bitcoin Price Today: Will BTC Price Rally Above $61K Post-FOMC Meeting?

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