Bitcoin in limbo: Watch these BTC price levels ahead of FOMC

Bitcoin price remains rangebound ahead of the FOMC, as traders keep an eye on overhead resistance at $120,000 and several key support levels below.

Key takeaways:

Fed interest-rate cut odds this week are now less than 3%, according to Polymarket.

BTC price may drop as low as $112,000 if key support levels are broken.

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