Skip to content
Back to Guavy Wire
Crypto

Bitcoin Stuck in Bearish Trend Ahead of Fed Rate Decision

Instruments
BTC
Share

Bitcoin's price action remains in a bearish swing structure on the 1-day timeframe, unchanged since October.

The crypto has been fluctuating between $63.9k and $65k after being rejected at $66,956 on July 21.

Bearish ETF flows and selling pressure from miners have contributed to this trend, but whale accumulation from centralized exchanges suggests a bullish long-term outlook for investors.

Traders are advised to stay cautious as the price action is expected to be influenced by macro catalysts such as the Federal Reserve's rate decision on July 29.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc