10x Research: Bitcoin on Track to Rise Back to $90,000 Amid Easing U.S. Inflation Fears

On 19 March, Cointelegraph reported that bitcoin could break through the key psychological barrier of $90,000 on the back of easing monetary inflation concerns in the U.S. ‘We could see some countertrend rally as the price is oversold and the Fed Moderate dovishness is very likely. This is not a major positive development, but rather some fine-tuning by policymakers. We think Bitcoin will be in a broader consolidation range, but we could be trading back near $90,000.’

Meanwhile, investors are eagerly awaiting today's Federal Open Market Committee (FOMC) meeting for clues on the Fed's monetary policy for the remainder of 2025, a development that could impact investor appetite for risky assets like bitcoin. iliya Kalchev, an analyst at Nexo's Digital Asset Investing Platform, said, ‘The upcoming The upcoming Fed decision could be the main catalyst for further movement. If Chairman Powell displays a dovish stance, Bitcoin could take off on renewed bullish momentum. However, persistent inflation concerns or a reiteration of tight financial conditions, such as high interest rates or continued liquidity tightening, could limit upside potential.’