Bitcoin Price Prediction: Analyst Warns Bitcoin Could Repeat the Sell the News Trap — Will Powell Break the Pattern This Time?

Bitcoin price is sitting at $74,100, up 0.4% on the day as markets are holding their breath ahead of Wednesday’s Fed announcement.The Fed is walking into this meeting with oil above $100 and Middle East tensions complicating the inflation picture. A hold at 3.50 to 3.75% is already priced in. What Powell says after is what actually matters.The recent recovery looks promising on the surface. Bitcoin has gained r…