$30,000 bets on Bitcoin hail FOMC as analyst warns of lengthy sell-offs
Bitcoin may celebrate no matter what the Fed decides on interest rates, but the extent of longs that would be liquidated below of $20,000 worries an analyst.
![Bitcoin $30,000 Bets Salute the FOMC, as analyst warns on long sell-offs](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/6edda93e-6920-4c6d-94fb-f9fd4315c51f.jpg)
![$30,000 bets on Bitcoin hail FOMC as analyst warns of lengthy sell-offs](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvNmVkZGE5M2UtNjkyMC00YzZkLTk0ZmItZjlmZDQzMTVjNTFmLmpwZw==.jpg?#)
Bitcoin may celebrate no matter what the Fed decides on interest rates, but the extent of longs that would be liquidated below of $20,000 worries an analyst.
![Bitcoin $30,000 Bets Salute the FOMC, as analyst warns on long sell-offs](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2023-03/6edda93e-6920-4c6d-94fb-f9fd4315c51f.jpg)
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