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Bitcoin preps for FOMC comments as BTC price coils near 103k

Bitcoin is currently valued at 102,031 USD, having previously dipped under 100,000 USD. Analysts suggest that a dovish FOMC could push prices above 107,000 USD.

If Jerome Powell adopts a hawkish stance during the FOMC meeting, Bitcoin could experience volatility, potentially falling to targets around 92,000 USD. Conversely, a dovish sentiment might send Bitcoin past 107,000 USD, aiming for new all-time highs.

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