ANALYSTS VIEW BITCOIN DIP AS TYPICAL PRE-FOMC MOVE; PREDICT RALLY TOWARD $143K AFTER $120K BREAKOUT
After Bitcoin briefly spiked to around $116,094 and then pulled back, strong buying support emerged near $112,500. Market analysts believe that if Bitcoin breaks above the crucial $120,000 resistance, it could trigger a major bullish move, potentially pushing prices toward the $143,000 target. Bitcoin traded around $113,000 as investors awaited the outcome of the Federal…