This Could Be Bitcoin (BTC) New Support Price If Fed Hikes Rate By 50 BPS

New Bitcoin (BTC) Price: In view of the last Federal Open Market Committee (FOMC) meeting on the rate hike, Bitcoin (BTC) price is one of the most anticipated metrics currently. For the first time in several months, there are high chances of the Fed announcing a rate hike in line with the market expectation of 0.50%. The anticipation comes at the back of Fed chair Jerome Powell‘s recent remarks on slowing down rate hikes. After the November FOMC meeting, Powell hinted at the possibility of lesser rate hike in the December meet.