Bitcoin Holds $112K: Will BTC Rally Post FOMC Meeting?

Bitcoin is trading near $113,000 after a brief dip to $112,300 earlier ￰0￱ has gained over 4% in the past week, though it remains slightly lower on the ￰1￱ are watching key price zones and the upcoming FOMC rate decision for the next ￰2￱ Retests Key Support Zone Bitcoin recently pulled back into the $111,000–$112,000 range, an area that previously acted as ￰3￱ level is now holding as ￰4￱ price has bounced modestly since, trading back above $113,000. Analyst Michaël van de Poppe noted that Bitcoin tested lower levels and found some buying ￰5￱ also warned traders to avoid leverage on days with macro events like today’s expected FOMC rate decision, citing the likelihood of heightened ￰6￱ far, so good for #Bitcoin.

Retest of the lower levels to find buying pressure and that’s, with a weak bounce, been ￰7￱ should be going up enormously today as the FOMC event kicks in, and I would, again, urge nobody to trade leverage on a day like this if… ￰8￱ — Michaël van de Poppe (@CryptoMichNL) October 29, 2025 Bitcoin is still above its short-term moving ￰9￱ long as the $111,000 zone holds, the broader trend remains ￰10￱ next key test lies between $119,000 and $120,000—a range that previously triggered a rejection. A clean move above this area would open the way toward $123,000. Meanwhile, the TD Sequential indicator has issued another sell ￰11￱ Ali Martinez pointed out that past signals from this tool have preceded sharp reversals, including a recent 19% ￰12￱ Watch and Elliott Wave Structure On the long-term chart, Bitcoin left a price gap around $110,900–$113,000.

According to another popular analist, this gap was “ partially filled today .” He added that a full fill “ would be better before markets move higher .” In a separate update , recent price action still fits a potential ABC corrective ￰13￱ current levels fail to break higher, a C-wave drop could follow, with possible downside targets between $97,000 and $94,000. Large Holders Stay Active On-chain data continues to show strong activity between $112,000 and $117,000. More than 1 million BTC have changed hands in this zone. Long-term holders remain dominant, despite the recent pullback.