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Bitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting
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Bitcoin (BTC) bulls are once again on the defensive foot after the breakout momentum that put the price above $50,000 on the weekend evaporated and pulled the price under $47,000. Analysts say the slight pullback in equities markets and the upcoming Federal Open Market Committee (FOMC) meeting are the primary reasons for today's pullback and a few suggest that a revisit to the swing low at $42,000 could be on the cards.
Here’s a look at what analysts are saying about the current Bitcoin price
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