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Historical $BTC price patterns point to an 11% drawdown following the next Federal Open Market Committee meeting, according to analysis published by Trefis.
The research firm examined past Bitcoin behavior around Fed policy decisions and flagged the pattern ahead of the upcoming FOMC gathering.
What the Historical Pattern Shows Trefis identified a recurring tendency in Bitcoin's price history: the coin has tended to lose ground in the aftermath of FOMC meetings.
The firm's analysis placed the magnitude of that decline at roughly 11%, based on how $BTC has behaved through prior rate cycles.
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