BTC may be swayed by FOMC dot plot, new chair's remarks

Bitcoin could be influenced by three key factors at the upcoming U.S. interest rate decision, scheduled for 6:00 p.m. UTC on June 17, CoinDesk reported. According to the outlet, Bitcoin could rally if the Fed's dot plot shows fewer than 80% of members forecasting a rate hike in December. Dovish remarks from new Fed Chairman Kevin Warsh, citing lower oil prices and AI-driven inflation easing, could also serve as a positive catalyst. Furthermore, CoinDesk noted that Warsh, who has previously criticized the Fed for excessive communication with the market, might announce a significant reduction in forward guidance, potentially leading to high volatility.