Bitcoin Price Prediction As Traders Eye Fresh Entries Post FOMC Meeting, How Far Can Dips Go?

Bitcoin (BTC) price is overheating amid calls for a pullback to allow fresh liquidity to enter the market ahead of the next rebound targeting highs above $40,000. The bellwether cryptocurrency has over the last 24 hours lost a tiny bit of its value to trade at $34,370, although it is still up 0.4% in the last seven days, 21% in one month, and 66.6% in the last year, market data by CoinGecko shows.