Bitunix Analyst: FOMC Split Into Three Camps; BTC Faces $117K Resistance Test

BlockBeats News, September 15th, ahead of this week's FOMC meeting chaired by Jerome Powell, markets widely expect the Fed to deliver its first rate cut since last year, lowering rates by 25 bps. However, the committee is split into three camps: some governors favor a 50 bps cut, several regional Fed presidents prefer holding rates steady, while Powell seeks to push through a moderate cut. Former Fed official Vincent Reinhart noted that if dissent emerges from both sides, it will signal fragile policy consensus and raise market uncertainty.

Technical View:

Bitcoin (BTC) has climbed toward $116,800, but liquidation heatmaps show heavy sell orders in the $117,000–$118,000 zone, forming a major resistance band. Support lies at $114,000 and $111,000; a break lower could trigger a retest of the $108,500 liquidity area.

Bitunix Analyst's Take:

With policy divisions and political pressure in play, the FOMC outcome may trigger sharp volatility. Traders are advised to reduce leverage exposure and closely track BTC』s battle at the $117,000 resistance and $114,000 support levels.