Bitcoin Traders Eye the Fed FOMC Meeting and Iran-Israel Conflict as Trump Calls Jerome Powell “stupid” Over Rate Cuts.
Key points:
-
Bitcoin sees a slight relief while US President Trump reveals that Iran had been in contact.
-
Trump calls the president of the Fed, Jerome Powell, “stupid” because the markets see no chance of a reduction in the interest rate at the FOMC meeting on June 18.
-
The control books show a BTC ripe price action for liquidity entries.
Bitcoin (BTC) returned to $ 105,000 after the opening of June 18 to Wall Street among the allegations according to which Iran had “contacted” the United States for dialogue.
Trump: the president of the Fed Powell “stupid person” before the FOMC
Cointelegraph Markets Pro and TradingView data has shown a drop in the reversal of BTC / USD, which had brought it to $ 103,857 on Bitstamp.
Always very sensitive to developments in the Iran-Israeli conflict, Bitcoin took a relief from the comments of the American president Donald Trump that Iran had been in contact.
“I said:” It is very late, “said Trump to journalists during an appearance on the lawn of the White House, adding that he did not know how long the conflict could continue.
https://www.youtube.com/watch?v=kyjwif_ew3c
The positive time of BTC prices has been built on American unemployment data, which complyingly comply with expectations, avoiding more uncertainty about inflation.
The hours ahead of the decision of the federal reserve on interest rates, however, persistent concerns concerning the potential impact of American commercial prices as well as the tensions of the Middle East and their effect on oil prices.
“First prices, now missiles. This is not an ordinary inflation fight,” summed up the QCP capital Resource QCP in its latest telegram Bulletin Les subscribers of the day.
“Our expectation is that the Fed holds stable rates while hitting a bellicist tone, recognizing the new rising risks of inflation resulting from geopolitical instability.”
The QCP warned that the Fed reducing its forecasts for the number of interest rate reductions in 2025 “probable pressure risk assets, including bitcoin and wider digital assets, as liquidity expectations are carried out”.
For his part, Trump reiterated existing cuts for cuts, despite the believing markets that they would not come before the third quarter.
“88 billion dollars came from prices; no inflation. I know what I do,” he said, calling the president of the Fed, Jerome Powell, a “stupid person”.
Bitcoin liquidity accumulates in Fed’s decision
Among Bitcoin traders, anticipation was preparing for a short potential pressure, the market positioned for new losses.
In relation: Bitcoin Price Top Metric with 10 years Record Stays “ neutre ” at $ 112,000
“The market has so far reacted so far on the big titles of de -escalation (we see however),” wrote Skew Trader Popular in part of the current X analysis.
“The textbooks are biased towards the depth of the offers – more offers closest to the price vs requires. The perplexed positioning is quite short with all the defensive positioning stacked here.”
The data from the Corglass Resources Surveillance Order Surveillance show that the area around $ 103,000 is particularly started to act as a short -term magnet if a liquidity entry ensued.
The merchant Thekingfisher nevertheless described a short liquidation event as a “loading”, the requests in place between the cash price and the summits of all current time of $ 112,000.
$ BTC Loading of shorts of shorts …
Clean them before the end of the week?What do you think Anon? pic.twitter.com/czxorcjmha
– Thekingfisher (@Kingfisher_Btc) June 18, 2025
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.