Derived from TheMarketPeriodical, Bitcoin price hovered near short-term support on Dec. 10 as traders positioned ahead of the Federal Open Market Committee (FOMC) decision. Historical data showed Bitcoin corrected after six of seven FOMC meetings in 2025, with only one producing a brief rally. Open interest continued to fall while price rose, signaling a spot-driven rally with weak leverage support. On-chain data suggested base-building rather than recovery, with no panic selling or profit-taking surge. Analysts noted that Bitcoin’s current technical structure showed price coiling near support, with a breakout requiring both price expansion and rising derivatives interest.
Bitcoin Price Faces FOMC Pressure as Derivatives Data Weakens
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