This week is not as interesting as the next week, but regardless, let’s talk about what you should be paying attention to.
- Bitcoin price
- Fed Chairman Powell's speech on September 28.
- PCE Price Index on September 29
- Hashdex Bitcoin spot ETF deadlines on September 29.
- Ethereum futures ETF approval on October 2.
What to expect from Bitcoin price?
Bitcoin price is attempting to move higher and has all the right signs of pushing higher. But the question remains, “Will it?”
The lack of volatility in the market is the main reason for sideways movement. In the upcoming days, BTC is likely to attempt a push toward the 50% retracement level at $28,215. Although unlikely, bullish news could trigger Bitcoin price to target the buy-side liquidity resting around the 79% retracement level at $30,323.
BTC/USDT 1-day chart
Read more: Bitcoin price action culls $30 million longs ahead of Fed Chairman speech
What to expect from the Fed?
Here is an excerpt from a recently published article:
Based on the Summary of Economic Projections, the median projection for the federal funds rate will be 5.6% at the end of the year. With the current rates at 5.25% to 5.50%, the Federal Reserve is likely going to go for another quarter-point hike in November or December.
But the Fed Chair Jerome Powell has been extremely clear about decisions being taken based on incoming data rather than sticking to projections or forecasts. So, in the speech on September 28, the Chair is likely going to reiterate the above and give a vague suggestion for another potential rate hike on September 28.
The PCE Price Index on September 29 is likely going to be a non-event, meaning it will not move the crypto markets by a large degree.
Read more
Fed Analysis: Powell promises rates to stay higher for longer, USD set to extend gains
Jerome Powell speaks on monetary policy after deciding to hold interest rate steady
What to expect from the spot Bitcoin ETFs?
Not a lot has changed with regard to the spot Bitcoin ETFs and the SEC is likely going to delay Hashdex’s filing.
The next deadline for the ETF approval by the SEC will be in the third week of October, starting with BlackRock’s iShares Bitcoin Trust on October 17.
Another interesting aspect to the ETF hype is the first Ethereum futures ETF and its potential approval on October 2.
Read more
First Ethereum futures ETF expecting approval by October 2
Ethereum whales prepare ahead of futures Ethereum ETF approval on October 2
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks

Dogecoin and Shiba Inu Price Forecast: DOGE and SHIB show early signs of a bullish breakout
Dogecoin (DOGE) and Shiba Inu (SHIB) show early signs of a potential rally as both meme coins stabilize at key support levels. On-chain metrics for dog-themed meme coins show positive funding rates and dormant activity, reinforcing bullish sentiment. The technical outlook also supports the case for double-digit gains.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple: BTC inches toward all-time high, ETH and XRP defend key support levels
Bitcoin (BTC) price stabilizes at around $106,400 at the time of writing on Wednesday, just 3% shy of its record peak. Ethereum (ETH) and Ripple (XRP) hold strong above their key support levels.

US lawmakers question SEC Chair Atkins over President Trump's meme coin ties with Justin Sun
The Securities and Exchange Commission (SEC) Chair Paul Atkins sat with House of Representatives members at Tuesday's House Appropriations Committee hearing to discuss the agency's stance on President Donald Trump's affiliated meme coin launches and the Trump family ties with Justin Sun.

Ethereum Price Forecast: ETH holds steady at $2,500 despite increasing selling pressure
Ethereum (ETH) held steady above $2,500 on Tuesday despite investors stepping up their selling pressure with high profit-taking and loss realization activity. Ethereum saw another round of rising selling activity on Tuesday, following a decline across the Mean Coin Age metric of short-term holders (STHs) and long-term holders (LTHs).

Bitcoin: BTC stabilizes near $103,000 amid trade optimism, rising institutional demand
Bitcoin (BTC) price stabilizes at around $103,000 when writing on Friday, after facing multiple rejections at the key $105,000 resistance level throughout the week.