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The Bitcoin price went up 1% in the last 24 hours to trade at $83,171 as of 3:00 a.m. EST on trading volume that dropped 2% to $23.38 billion.
The BTC price went up and down several times as the results of the next FOMC meeting approaches. Jerome Powell and his colleagues will announce interest rate projections. Experts seem to believe that the Fed will decide to hold interest rates steady, but also to adjust their views on the economy and potentially the future path of interest rates.
Powell and his colleagues have been advocates of a patient and steady approach in recent weeks, not feeling the need to rush anything and to keep the rates between 4.25% and 4.5%.
Bitcoin Price Prediction
For Bitcoin traders, the Federal Open Market Committee (FOMC) meetings typically mean sharp price changes.
BTC has been fluctuating up and down for three days now in expectation of the meeting alone.
Its Bollinger Bands have been quite wide since Sunday afternoon, as the price continues to push both down and up. Typically, wider bands are a bullish sign, but the results of the meeting are what is expected to bring true impact and decide the movement of the bands and the price.
BTC/USDT 15-minute chart (Source: TradingView)
The coin’s Relative Strength Index (RSI) shows that the traders are uncertain, as it has been known to venture deep into the oversold zone, but not as deep into the overbought area when the buying pressure increased and the price recovered.
For now, the RSI value sits at 60, which might suggest that traders are optimistic about the upcoming announcement. However, with the crypto industry, this could change fairly quickly, so traders should keep an eye out on both the market movement and the upcoming announcement.
Promising Alternative To Bitcoin
In the meantime, those interested in Bitcoin-affiliated projects can consider BTC Bull Token (BTCBULL). This is a new Bitcoin meme coin that aims to help BTC pump its price back to its old heights, and far beyond.
In fact, the project has created a series of milestones, and whenever BTC hits one of these milestones, those who hold BTC Bull Token’s native cryptocurrency, BTCBULL, will receive free BTC via airdrops.
These milestones sit at $150k per BTC, $200k, $250k, and so on, all the way up to $1 million and even further than that. The project wants to help Bitcoin grow by encouraging investments in it, but it also wishes to create new earning opportunities for its own investors. To that extent, it also developed a token-burning mechanism that will burn a portion of BTCBULL whenever Bitcoin’s price grows by $25k.
The rules don’t apply to BTCBULL. 🐂⚡ pic.twitter.com/qWmZXt6PxF
— BTCBULL_TOKEN (@BTCBULL_TOKEN) March 17, 2025
Meanwhile, those who buy BTCBULL right now, while it is still in presale, can immediately stake them to earn more while they wait for BTC airdrops and BTCBULL’s price increase due to token burning and the scarcity it will produce. Right now, staking rewards sit at 112% APY, and nearly 1 billion BTCBULL tokens have already been staked.
For the moment, BTCBULL is selling for $0.002415, and the project has already raised over $3.81 million, approaching the $4 million milestone.
You can buy it with crypto or card via Best Wallet — the new crypto wallet that has its own launchpad. You can also install the app on Android or iOS devices and create an account with no KYC needed. After that, navigate to the Upcoming Tokens tab, and you will find BTCBULL tokens listed among other active presales.
However, don’t wait too long to get your BTCBULL, as its price will continue to grow as the project moves through additional stages of its ICO. In fact, crypto YouTuber Danjo Capital Master, who has over 843k subscribers, believes that the project has 50x potential and that its price could go up after launch.
Buy BTCBULL before the next presale price hike in less than 1 hour.
Check out BTCBULL on its official website.
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