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Bitcoin Slips Ahead Of Fed Week, Big Tech Earnings: Analysts Divided On Where BTC Is Headed Next
Bitcoin fell below $80,000 on Monday before the Federal Reserve's rate decision and earnings reports from Microsoft, Alphabet, and Amazon this week. Traders see a 90.6% chance the Fed holds rates at 3.75% to 4%, according to CME FedWatch, and analysts are split on Bitcoin's next move.
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What happened
Bitcoin fell below $80,000 on Monday before the Federal Reserve's rate decision and earnings reports from Microsoft, Alphabet, and Amazon this week. Traders see a 90.6% chance the Fed holds rates at 3.75% to 4%, according to CME FedWatch, and analysts are split on Bitcoin's next move.
Confirmed
Global impact / market context
Fed rate decisions and Big Tech earnings can move money between assets. If AI spending worries investors, they may sell riskier holdings like Bitcoin and hold cash instead. A strong tech rebound could do the opposite and bring buyers back into Bitcoin.
Analyst inference
Meta raised its 2026 capital spending forecast to $135 billion-$145 billion, and SpaceX expects $35 billion-$40 billion in fourth-quarter capital spending. Heavy AI spending could pull investor money into tech stocks and away from Bitcoin, or spark a wider selloff if returns disappoint.
Analyst inference
What to watch
- The Fed announces its rate decision Wednesday. Traders price a 90.6% chance rates stay at 3.75% to 4% and a 9.4% chance of a hike to 4% to 4.25%, per CME FedWatch. Confirmed
- Watch whether Microsoft and Alphabet report Wednesday and Amazon Thursday, and whether those results pull investor money toward tech stocks and away from Bitcoin. Proposed
- Watch if worries about returns on AI spending trigger a broader selloff in riskier assets, which could push Bitcoin lower as investors reduce risk. Analyst inference
Affected assets
- BTC — Bitcoin