Bitcoin Eyes Breakout Ahead of FOMC as Analysts Predict End of Fed QT and New Highs

Bitcoin traders are closely watching this week’s Federal Open Market Committee (FOMC) meeting, with major banks like JPMorgan and Goldman Sachs expecting a potential policy shift from the U.S. Federal Reserve. Market analysts believe the Fed may announce the end of its Quantitative Tightening (QT) program — a move that could inject fresh liquidity into global markets and fuel a crypto rally.

On-chain analyst Maartunn noted that Bitcoin’s volatility has dropped significantly, with intraday price movements narrowing to just 2% on October 21 and 3% on October 22, according to CryptoQuant data. He described this calm as the “typical squeeze” before a major breakout, suggesting that traders are waiting for a catalyst — potentially the Fed’s policy decision — to trigger the next big move. Historically, periods of low volatility often precede sharp price uptrends, especially when liquidity conditions improve.

Market commentator Satoshi Stacker echoed this sentiment, highlighting that past transitions from QT to easing cycles have coincided with massive Bitcoin gains. His analysis shows that when the Fed shifts from tightening to a neutral or easing stance, crypto markets typically surge as capital flows back into risk assets.

At press time, Bitcoin was trading around $111,631, up 0.53% in 24 hours and 4.85% over the past week, showing strong positioning ahead of the Fed’s announcement. Prominent analyst Michaël van de Poppe forecasted that Bitcoin could reach a new all-time high in November, with Ethereum (ETH) potentially climbing to $5,000 and altcoins doubling in value.

As speculation grows, analysts agree that a confirmed end to QT could be the trigger for Bitcoin’s next major rally — potentially pushing it to uncharted territory before year-end.