Bitcoin (BTC) surged past $84,000 ahead of the March 19 Wall Street open as investors awaited the US Federal Reserve interest-rate decision. Data from Cointelegraph Markets Pro and TradingView indicated local highs of $84,358 on Bitstamp. The market was cautious before the Federal Open Market Committee (FOMC) meeting, with expectations of the Fed maintaining rates until at least June according to CME Group’s FedWatch Tool. Traders were closely watching Fed Chair Jerome Powell’s remarks, as concerns over US trade tariffs and falling inflation markets loomed. While Bitcoin held above $80,000, the S&P 500 and Nasdaq Composite Index faced downward pressure, posing a risk to Bitcoin’s stability. The possibility of a negative outcome from the FOMC meeting could lead to a Bitcoin price drop to $76,000. Analysts highlighted the importance of the CME Bitcoin futures market gap and the impact of Powell’s comments on price momentum. A dovish tone from Powell could push Bitcoin above key moving averages, while negative news could trigger a retest of lows at $76,000. Retail investor sentiment and equities allocation were also under scrutiny as Bitcoin continued to face volatility amid broader market weaknesses. This article provides insights and analysis and does not offer investment advice. Readers should conduct their research before making decisions in the financial markets.