BTC price risks $80K loss into FOMC, earnings: Three things to know in Bitcoin this week

Bitcoin bulls are fighting to maintain the $80,000 support level, ahead of a critical week that includes the Federal Open Market Committee (FOMC) meeting and the release of major US tech earnings reports. The market is also anticipating the release of inflation data, which will provide insight into the current state of the economy. These events are expected to have significant implications for the financial markets, including the price of Bitcoin. The FOMC meeting may lead to changes in monetary policy, which could influence the direction of the US dollar and, consequently, the price of Bitcoin. The tech earnings reports will also be closely watched, as they may impact investor sentiment towards the tech sector and cryptocurrencies. As investors await the outcomes of these events, the price of Bitcoin may experience increased volatility. The market's reaction to these announcements will be crucial in determining the future direction of Bitcoin.