In accordance with Coindesk, Bitcoin hovered near $113,000 as traders awaited the Federal Open Market Committee (FOMC) meeting. Analysts suggest that a move above $120,000 could open the path to $143,000. Ali Martinez argues that clearing $120K would reduce historical resistance, making a rise to $143K more likely. Michaël van de Poppe views the recent dip as a routine check of support near $112K. Glassnode notes buying interest around $111K and selling pressure near $117K. Technical analysis shows recent price swings between $112.5K and $116K, with levels to watch at $112.5K support and $115.6K–$116.2K resistance.
Bitcoin Hovers Near $113K Ahead of FOMC Meeting, Analysts See Path to $143K
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