Bitcoin Price Prediction: Powell’s Final Fed Meeting Just Triggered the Most Dissenting Votes Since 1992 – Is BTC About to Pay the Price?
Bitcoin price is bleeding, BTC trades at $76,000, down 1.75% over 24 hours and 2.15% over the past week, a slide that’s accelerating bearish prediction on macro headwinds most traders didn’t fully price in. Federal Reser...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin price is bleeding, BTC trades at $76,000, down 1.75% over 24 hours and 2.15% over the past week, a slide that’s accelerating bearish prediction on macro headwinds most traders didn’t fully price in.
Federal Reserve Chair Jerome Powell’s final press conference Wednesday delivered the catalyst.
Bitcoin dropped 2% to $75,000 in the immediate aftermath as markets absorbed a fractured Fed decision, four dissents on a single vote, the most since October 1992, according to Kraken chief economist Thomas Perfumo.
“The absence of a clean handoff to Warsh suggests the potential for discord over policy at the Fed,” Perfumo said in a note shared with DL News.
FOMC already off to a wild start.
4 Dissents today.
1 wanted to cut
3 objected to language.
1st time since 1992 there have been 4 dissents.
Guess Powell's last FOMC had to be as chaotic as possible.
Traders responded by dumping $138 million in spot Bitcoin ETFs following the meeting, reversing a chunk of April’s recovery. That’s a notable reversal given the roughly $2 billion that poured into Bitcoin ETFs this month, April remains BTC’s best month since October.
With Polymarket odds showing only a 10% chance of BTC hitting $100K+ by December 31, 2026, and 90% odds of rates holding steady through year-end, the macro setup isn’t doing Bitcoin any favors right now.
Bitcoin (BTC)24h7d30d1yAll timeDiscover: The best pre-launch token sales
Bitcoin Price Prediction: Can BTC Price Recover Above $78,000 or Is a Deeper Drop Incoming?BTC is giving mixed signals right now, and that is usually when the market is building toward a bigger move.
Price is sitting around the pivot near $76.5K, with support stacked below at $75.6K, $74.8K, and the key level at $73.9K. That last one is the real floor, lose it and the structure turns clearly bearish.
On the upside, resistance is layered at $77.3K, $78.2K, and $78.9K. Reclaiming that zone is what flips momentum back toward a move higher.
Source: TradingviewRSI is neutral, so there is no clear momentum edge, but fear is elevated, which can sometimes set up reversals if buyers step in.
Most likely for now, BTC ranges between roughly $75.5K and $78.2K while the market waits for macro clarity.
If BTC breaks above $78K with volume, it can push toward the low $80Ks. If $73.9K breaks, downside opens fast toward $70K.
So this is a high-uncertainty setup, not bearish enough to collapse, not bullish enough to run, just building pressure for the next move.
Discover: The best crypto to diversify your portfolio with
The post Bitcoin Price Prediction: Powell’s Final Fed Meeting Just Triggered the Most Dissenting Votes Since 1992 – Is BTC About to Pay the Price? appeared first on Cryptonews.
Why this matters
Bitcoin is showing up inside the Macro & Rates theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CryptonewsRelated market context
Bitcoin price has risen 84% since January 2024 while Treasury yields climbed
Bitcoin traded below $84,000 on Oct. 7 as US Treasury yields near 5.3% offered investors a competing interest-bearing alternative....
Ethereum (ETH) Price Prediction: ETH Eyes Recovery From $2,600 as $2,666-$2,689 Becomes Resistance
Ethereum price is holding around $2,618 as buyers attempt to preserve the latest recovery, but the market is approaching a decisiv...
Ethereum Price Prediction: Layer-2 Trouble Deepens as Another Network Shuts Down
Blast’s decision to close its Layer-2 network sharpens the question of Ethereum price and prediction: does activity ultimately con...
XRP ETFs now hold $1.7 billion but took in just $4M last week
XRP traded around $1.43 on Oct. 7, down 5.46% over 24 hours. Five tracked US spot XRP ETFs held an estimated $1.7 billion at the p...
Tether Celebrates 12 Years, USD₮ Surpasses 700M Users
Key Takeaways: Tether marked the 12th anniversary of the world’s largest stablecoin by market cap, USD₮. The company claims that U...
US Government Moves $103M in Seized Bitcoin and BNB to Coinbase Prime, Raising Sale Questions
The Bitcoin and BNB transactions drew attention because Coinbase Prime provides institutional custody and trading services for dig...