Bitcoin Price Analysis: BTC Dip Before FOMC Meeting Could Lead to $143K Target if $120K Breached

According to cryptocurrency market analysts, the current Bitcoin price decline appears typical ahead of Federal Open Market Committee (FOMC) meetings. Technical analysis suggests that if Bitcoin manages to break through the $120,000 resistance level, it would establish a clear pathway toward the $143,000 price target. Market experts indicate this pre-FOMC volatility pattern has historically presented buying opportunities for BTC investors. The cryptocurrency's price action remains closely tied to macroeconomic developments and Federal Reserve policy decisions, with many traders positioning for potential upside momentum following the meeting outcome.