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    Home»Markets»Crypto»Bitcoin Price Holds $73,500 as March FOMC Looms — Will Jerome Powell Trigger the Next Big Move?
    Crypto

    Bitcoin Price Holds $73,500 as March FOMC Looms — Will Jerome Powell Trigger the Next Big Move?

    Press RoomBy Press RoomMarch 17, 2026No Comments3 Mins Read
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    Author

    Ahmed Balaha

    Author

    Ahmed BalahaVerified

    Part of the Team Since

    Aug 2025

    About Author

    Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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    Last updated: 

    March 17, 2026

    Oil past $100, March FOMC incoming, oil is past $100, and Bitcoin price is stuck at the rejection that flushed price to $64,000 twice before.

    Jerome Powell’s final months as Fed Chair are getting messy.

    Bitcoin is trading near $73,500 dragging off a 15% drop in February that extended a five month losing streak. The Strait of Hormuz just closed, cutting off 20% of global oil production.

    Crude is past $100 a barrel. February CPI already printed at 2.4% before the full oil shock hit the data.

    The FOMC is expected to hold rates on Wednesday. But the tone is what matters. With inflation creeping back up, traders are bracing for Powell to sound hawkish.

    Source: CMEGroup

    Markets hate uncertainty. Institutional capital is pulling back. But on-chain data tells a different story. Speculative smart money is quietly rotating into high-beta plays, specifically dog meme coins, betting that a Fed hold triggers a relief rally in lower cap tokens.

    Two very different trades happening at the same time.

    Can Bitcoin Price Hold the Critical $73,500 Support as the March FOMC Nears?

    Bitcoin broke above the rising wedge, tapped $75,000, and got immediately rejected back inside the channel.

    This is exactly what happened in late February before price flushed back to $64,000.

    Source: BTCUSD / TradingView

    Same pattern. Same decision point. Still unresolved.

    $72,000 is the first level to watch on any pullback. That is the line between a healthy retest and a full breakdown. Lose it and the chart points back to $64,000. Below that, $60,000 is the last serious floor.

    Bull side is simple. Daily close above the upper channel trendline with follow-through and $80,000, $84,000, and $90,000 open up in sequence.

    Right now the market is running the same play for the third time. Eventually it resolves. Just has not yet.

    Maxi Doge Targets 1000x Leverage Narrative as Traders Pivot

    Degen capital goes looking for action. Traders tired of low volatility in large caps rotate into micro-caps fast. That rotation is landing on Maxi Doge right now.

    The pitch is specific. High-leverage gym bro culture. A 240-lb canine juggernaut built for traders who never skip leg day and never skip a pump.

    Holder-only trading competitions, a Maxi Fund treasury to sustain liquidity, and dynamic staking APY to reward early holders over quick flippers.

    Presale has raised $4,683,322.46 so far. Current price is $0.0002809.

    The risk is real. Post-launch success depends entirely on community retention and broader risk appetite. But for traders who understand that, $MAXI is positioning itself as the Leverage King of the current meme cycle.

    Visit the Official Maxi Doge Website Here


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