BTCUSD

Bitcoin is waiting for the Fed's decision while staying above the pivot level of 105,165. Cryptocurrencies are quite sensitive to changes in global risk appetite. The liquidity environment and risk-taking appetite created by a "Dovish" Fed this evening has the potential to drive Bitcoin to the resistance levels of 107,021 and 110,734. If the Fed maintains its "Hawkish" stance and disappoints the markets, a sharp pullback towards support levels of 101,451 and below may be seen.