The FOMC rate cut could push Bitcoin past $123k

FOMC rate cut Bitcoin’s price is actually moving toward $123K right now, as expectations have risen. Federal Reserve The policy statement for September 17 is being prepared. Analysts are preparing price targets based on the expected 25 basis-point cut. According to FOMC reports, Bitcoin’s road to $123K is dependent on the FOMC meeting today.

FOMC Bitcoin Impact: Meeting Today, News & Market Reaction Guide

Important FOMC price levels for Bitcoin

As the FOMC Meeting approaches, Bitcoin trades between $114.600 and $117.100. Glassnode’s analysis shows that Bitcoin is still respecting short-term cost basis bands. Failure to maintain 1-month or 3-month realized prices could signal a loss of momentum ahead of FOMC.

Data shows that Bitcoin is still respecting the cost-basis bands for short-term holders. Failure to maintain the realized 1-month or 3-month price levels will confirm the lack of market momentum.

$BTC Continues to adhere to the cost-basis bands for short-term holders.

If the realized 1-month price level and the 3-month realized price level are not held, it would indicate a lack in momentum. Conversely, sustaining above them suggests that optimism around the FOMC announcement and its impact on… https://t.co/hWRilTPk8P pic.twitter.com/WawuJPWty9

— glassnode (@glassnode) September 16, 2025

Nik Patel Ostium Research said:

“This is now the line in the sand for short-term bullishness”

A break under $112K would allow for a return to the $107K mark and even lower, possibly as low as $99K. If the Fed Open Market Committee Bitcoin scenario is successful, a clean acceptance over $120K could trigger a quick run to the $123K level.

FOMC expert predictions and market scenarios

Peter Schiff This is what I had to say regarding market dynamics

“Despite gold holding firmly in new record territory today, poised to break above $3,700, gold mining stocks are lower on the day as skittish traders take profits ahead of tomorrow’s FOMC announcement and Powell press conference. I expect buyers to come rushing back in soon.”

Gold is still in record territory, and gold stocks have fallen today despite the fact that gold has been firmly anchored at a new high. This comes as traders are taking profits before tomorrow’s FOMC press conference, which will be announced by Powell. I’m expecting buyers to rush in again soon.

— Peter Schiff (@PeterSchiff) September 16, 2025

The relationship between Bitcoin and traditional assets becomes apparent during FOMC meetings, as both gold and cryptocurrency respond to changes in liquidity from Fed policy along with other risk-assets.

Crypto-strategist Biupa Explain the current Fed Open Market Committee situation:

“The most likely scenario currently is a 25 basis point cut, with a very high, exceeding 90% The market has already priced in a 25 basis point cut but after all, at the time of each release more liquidity the market has already moved ahead of the FOMC, and a 25 basis point cut may continue to drive an upward trend.”

行情观点

FOMC的预期

目前最有可能的情况是降25个基点，概率非常高，超过90%…

— Biupa (@biupa) September 17, 2025

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FOMC Meeting Timing and Bitcoin Strategy

Open Market Committee, Fed will announce at 2:00pm ET. Powell’s subsequent press conference followed at 2.30 pm and marked a day-critical point for bitcoin price in FOMC. The current Market Positioning reflects that the market is 68.8% in favor of the bulls, with traders preparing for the expected rate reduction.

Bitcoin could reach 123K faster if the breakout at 117.900 is successful. If profit-taking occurs after the FOMC, there could be a pullback to support at $113.300-110,000.

Please Read This: FOMC Meeting Could Trigger Bitcoin’s Price Surge by January End

In September 2024 the FOMC decision today could create a bullish signal for the target of 123K. The first Bitcoin drop after rate reductions led to an increase of over 100K at the end of that year.