[LIVE] Bitcoin Price Alert: Fed Chair Powell Press Conference at 2:30 PM ET—Will Guidance Shift Crypto Markets?
Fed Chair Jerome Powell’s 2:30 PM ET press conference is the place Bitcoin merchants will get solutions on the Fed’s 2025 easing path. Markets already know the December resolution; the actual query is whether or not Powell indicators two or 4 extra cuts subsequent 12 months.
Bitcoin is holding $92,000 heading into the presser, with merchants awaiting any hawkish language about “endurance” or “data-dependent” coverage that would dampen aggressive easing expectations.
The up to date dot plot, launched at 2pm, will present the place Fed officers see charges ending in 2025, however Powell’s tone and ahead steering will decide whether or not crypto interprets at the moment’s seemingly 25-basis-point reduce as dovish or hawkish.
The key threat for Bitcoin is a “hawkish reduce” situation the place Powell emphasizes labor market energy (191K jobless claims, 7.7M job openings) as justification for slowing the tempo of easing regardless of enhancing core inflation (2.8%).
Any point out of skipping the January assembly or decreasing 2025 cuts from 4 to 2 can be bearish for threat property.
Conversely, if Powell stresses that inflation is transferring towards the goal and the Fed stays dedicated to normalizing charges, Bitcoin might break above $92,000 resistance.
Bitcoin’s technical setup exhibits resistance at $92,000 and assist at $88,000-$90,000, with the descending trendline since mid-November nonetheless intact.
Traders will parse each phrase from Powell for clues on the January 28-29 FOMC assembly and the general 2025 trajectory.
The Fed’s credibility is on the road after ending QT and slicing charges twice—backing away from easing now would sign both coverage error or real concern about sticky inflation.
Powell speaks at 2:30 pm ET, and crypto volatility is predicted to spike instantly after.
Powell Press Conference: 2025 Guidance is the Real Story
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