Will Bitcoin Reach $120K Again as Options Traders Aim for $125K Following FOMC Meeting?

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Traders dealing in Bitcoin options are maintaining a positive outlook regarding the cryptocurrency’s potential to rise back to $120,000 following the upcoming FOMC meeting. This optimism persists despite the prevailing uncertainty and fluctuations seen across various markets. The cryptocurrency sector is keenly anticipating today’s Federal Reserve Interest Rate Decision and the release of the FOMC Economic Projections, which are expected to provide important insights into future market trends.