Bitcoin is consolidating above the $100,000 mark as it prepares for the upcoming Federal Open Market Committee meeting in the US. According to some sources, there is a 99.5% chance that the Fed will keep interest rates at the same level. Analysts believe that the markets have already factored in in the price of unchanged rates, so the focus will be on the tone of the of Fed Chairman Jerome Powell's statements. Any hints of softening Federal Reserve policy could push bitcoin to new highs. highs. In addition, the consolidation of bitcoin after a minor decline in bitcoin prices, in fact, confirms the lack of fundamental no fundamental grounds for selling on the market, as we have already written about earlier.