On Wednesday, June 12th, the stock market is anticipating the FED's monetary decision, macroeconomic projections, and US CPI inflation update.

These events are expected to influence the stock and bond markets, as well as Bitcoin's price, currently around $69,370.

Traders are focused on the Federal Open Market Committee (FOMC) meeting, which will set the Federal Reserve's interest rate target.

Historical data shows FOMC meetings significantly impact Bitcoin's price.

OpenAI's AI model predicts Bitcoin will trade between $68,000 and $73,000, with a potential rate cut pushing it higher.

The market anticipates interest rates to remain unchanged at 525-550 basis points in the upcoming FOMC meeting.

Analysts warn of high volatility in Bitcoin ahead of the meeting and advise caution in trading.

Vincent Ganne, a market strategist and technical analyst, provides insights on market trends and financial analysis to aid investors.