#Bitcoin's rally may be losing steam.#

Markus Thielen, founder of crypto market research firm 10x Research, has predicted that the Bitcoin rally may weaken ahead of the FOMC meeting on January 29th. He believes that the crypto market will see a positive start in early January, followed by a slight pullback before the release of the Consumer Price Index inflation data on January 15th, and then rise again before Trump's inauguration. However, the market may pull back before the FOMC meeting. This prediction is based on an analysis of factors such as US economic policy and inflation expectations. The FOMC meeting will determine the direction of the Federal Reserve's monetary policy, which will have a significant impact on market sentiment. Therefore, Thielen believes that investors may adopt a wait-and-see approach ahead of the FOMC meeting, leading to a weakening of the Bitcoin rally.