Bitcoin Price Prediction Ahead of FOMC Meeting: What to Expect Before December

Bitcoin’s price briefly reached $93,900 on December 3rd, sparking excitement before a pullback. The market is closely watching the December 10th FOMC meeting, which could significantly impact broader trends. With an 87% chance of a 25-basis-point rate cut by the Federal Reserve, traders are anticipating whether Bitcoin will surge or face a minor downturn. The potential for increased liquidity following a rate cut has historically favored Bitcoin and other high-risk assets.