Bitcoin hovers near $65,000 ahead of June 17 Fed decision as analysts warn of a drop below $50,000

Bitcoin is hovering around $65,000 after rebounding from a multi-year low below $60,000. Analysts are watching the June 17 FOMC decision, with most expecting the Fed to keep rates in the 3.5%-3.75% range. Some market observers say BTC has fallen after each FOMC meeting since July 2025 and see downside targets ranging from $51,000-$52,000 to roughly $48,000 and $43,000.