Bitcoin Rebounds Ahead of FED Meeting Today

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Bitcoin is bouncing higher as traders position ahead of major U.S. economic events, including today’s FOMC meeting and tomorrow’s GDP data release. Markets often turn volatile before high-impact announcements, but Bitcoin’s strong rebound and formation of higher lows and higher highs on lower timeframes suggest bullish momentum remains intact. The move matters because improving market structure could support renewed investor confidence and broader crypto strength. Next, traders are watching whether Bitcoin can maintain momentum and push toward the $85K–$88K target zone projected for May.