Today is Jerome Powell's last FOMC meeting as chair of the Federal Reserve. The market is pricing in no rate cuts until late next year. Oil is back at 100 dollars. CPI jumped to 3.3 percent. And the new chair Kevin Walsh is being voted on today. In this video I explain what all of this means for Bitcoin, walk through the specific things Powell could say tonight that would hurt risk assets, and show you the chart setup heading into the decision.
Bitcoin is trading near $77,150 as of April 29, 2026. The market is in a high-stakes "wait-and-see" mode ahead of today's Federal Reserve interest rate decision.
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Bitcoin BTC Price News & Insights Today 29-4-2026 - Technical analysis of BTC, on market structure, key support and resistance zones. Video by More #Crypto Online.
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Bitcoin Insights Today
-FOMC Rate Decision: Today's 2:00 p.m. ET Fed announcement is the primary macro trigger. A dovish tone could spark a breakout above $80,000, while a hawkish stance may push prices toward $75,000.
-Institutional Inflows: U.S. spot Bitcoin ETFs recorded $933 million in net inflows over the past week, showing sustained institutional accumulation despite short-term volatility.
-Bitcoin 2026 Conference: Michael Saylor and SEC Chair Paul Atkins are speaking in Las Vegas this week. Saylor recently unveiled a bold $10 million per coin long-term vision.
-Geopolitical Impact: Ongoing tensions in the Strait of Hormuz have pushed oil prices to ~$105, fueling inflation fears that complicate the Fed's rate-cut path.
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