#Bitcoin's rally may be losing steam.#

Markus Thielen, founder of cryptocurrency analytics firm 10x Research, predicts that Bitcoin's recent rally may weaken ahead of the Federal Open Market Committee (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. Thielen's view suggests that the Bitcoin rebound under Trump's leadership may weaken ahead of the FOMC meeting, potentially due to changing market expectations about the direction of the Fed's monetary policy. The FOMC meeting will determine the future course of the Fed's monetary policy, which will have a significant impact on financial markets, including Bitcoin.