Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings

Crypto Insight Summary: Bitcoin failed to move past its 50-day simple moving average as market participants awaited the outcome of the FOMC meeting and key tech earnings. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Technical resistance at 50-day MA and FOMC uncertainty weigh on BTC.