Traders Split Ahead of FOMC as Bitcoin Liquidity Builds, Whales Double Down on Longs

Bitcoin liquidity trap FOMC. Photo by BeInCrypto Bitcoin (BTC) traders remain on edge as the pioneer crypto consolidates below $115,000. Liquidity heatmaps show crowded short positions and whales quietly increasing exposure ahead of Wednesday’s Federal Open Market Committee (FOMC) meeting. Investors wager a 97.8% chance that the Fed will cut interest rates by a quarter of a percentage point (25bps). Liquidity Builds Ahead of FOMC as Bears Walk into a Trap As of October 28, Bitcoin traded between$ 114,47 ...