PANews March 15 news, according to Cointelegraph, Bitcoin needs to close above the key $81,000 weekly line to avoid more downside volatility before the Federal Open Market Committee (FOMC) meeting next week. Bitget Research chief analyst Ryan Lee said that this week's closing price above $81,000 will be the key to avoiding further declines in Bitcoin. Staying above this level will show resilience, but if it falls below $76,000, it may trigger more short-term selling pressure. According to the latest estimates of CME Group's Fed Watch tool, the market currently expects the Fed to maintain interest rates stable with a 98% probability.
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