In order to avoid further downside volatility before the upcoming Federal Open Market Committee (FOMC) meeting, Bitcoin must close above the crucial $81,000 weekly level. The price of Bitcoin (BTC) dropped by more than 3% last week, but is currently trading above $83,748 as of 9:33 a.m. UTC, according to Cointelegraph Markets Pro data. Analyst Ryan Lee from Bitget Research warns that Bitcoin faces the risk of significant downside volatility due to global trade tariff uncertainties. Lee emphasizes the importance of closing the week above $81,000 to prevent more downside for Bitcoin, as the market awaits the next FOMC meeting on March 19.
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Bitcoin Faces Critical $81,000 Weekly Level Ahead of FOMC Meeting
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