Bitcoin (BTC) Price Prediction: Will BTC Hit Rp1.63T ($100K) After the Fed's Decision?

This recovery came after US inflation reports, namely the Consumer Price Index (CPI) and Producer Price Index (PPI), showed a slowdown.

The price of Bitcoin (BTC) is showing signs of recovery after U.S. inflation figures showed that the rate of price increases had slowed down.

Both the Consumer Price Index (CPI) and Producer Price Index (PPI) showed a decline in the past month, exceeding investor expectations. This news had a positive impact on the crypto market.

After reaching the 1.618 Fibonacci level at $76,555, Bitcoin began a recovery trend. If BTC manages to break the resistance level at $89,000, the next targets are $92,956 and $96,827.

However, the Parabolic SAR indicator shows that the level of $97,068 will be a big challenge for the bulls. In addition, the Bear/Bull Power (BBP) indicator is still negative at -10.559, indicating that the bearish pressure has not completely disappeared.

If Bitcoin fails to hold the $80,000 level, then there is a risk of BTC dropping back to $76,000.

If the U.S. Federal Reserve (Fed) keeps interest rates unchanged or signals future cuts, then the crypto market could experience a price surge.

However, if the Fed signals a tighter policy, then liquidity in the market could shrink, making it difficult for Bitcoin to break the psychological level of $100,000.

According to the latest data from CME Group, about 99% of investors expect that the Fed will keep interest rates unchanged at the March 19, 2025 meeting.

This expectation has increased the chances of BTC continuing to rise after the official announcement.

In the past week, total long leveraged positions in the derivatives market reached IDR 79.9 trillion ($4.9 billion), higher than short leveraged positions, which amounted to IDR 61.9 trillion ($3.8 billion).

This indicates that bulls still hold a strong presence in the market, with a margin of IDR 18 trillion ($1.1 billion).

However, when the market is over-leveraged, there is a risk of liquidation which can trigger sharp price movements. If Bitcoin fails to break the key resistance at $89,000, then highly leveraged investors could start closing their positions, which may lead to a drop back to $80,000.