The latest releases of the US Consumer Price Index<\/strong> have sent shockwaves through financial markets. Inflation remains stubbornly high, exceeding analyst forecasts for the third consecutive month. This persistence of inflationary pressures seriously complicates the Federal Reserve’s task.<\/p>\n\n\n\n For Bitcoin<\/a>, this situation generates a paradoxical dual effect<\/strong>. On one hand, the cryptocurrency maintains its status as an alternative store of value against monetary depreciation. Institutional investors who have integrated BTC into their asset allocation are maintaining their positions, seeing the digital asset as protection against the erosion of purchasing power.<\/p>\n\n\n\n On the other hand, the volatility generated by macroeconomic uncertainty weighs<\/strong> on market sentiment. Correlations between Bitcoin<\/a> and traditional stock indices strengthen during these risk-averse phases. Trading volumes are increasing, but direction remains indecisive. Psychological support levels are regularly tested, while technical resistance remains difficult to break through in this climate of expectation.<\/p>\n\n\n\n The Federal Open Market Committee (FOMC)<\/strong> meeting represents the major catalyst<\/strong> this November. The Fed’s monetary policy decisions will have a direct impact on market liquidity and, by extension, on Bitcoin’s price. The market is already anticipating several possible scenarios.<\/p>\n\n\n\nThe Fed Faces a Dilemma: What Impact on Bitcoin?<\/h2>\n\n\n\n