Bitcoin steady above $77K despite ETF outflows, Powell’s FOMC meeting looming

Bitcoin remains steady above $77,000 as ETF outflows persist ahead of Jerome Powell’s last Federal Open Market Committee meeting. The “Bitcoin Price Predictions by 2026” market sits at 4.7% YES, down from 5% a day ago.

The FOMC’s expected “higher-for-longer” stance is weighing on odds for Bitcoin reaching $200,000 by 2026. This market trades at $4,282 daily face value but sees only $280 in actual USDC, making it thin and vulnerable to swings. The 45-point drop to 4% YES reflects bearish sentiment.

April’s prospects aren’t much brighter. “Bitcoin Price Targets” for $80,000 in April 2026 currently sit at 10.5% YES, down from 26% yesterday. ETF outflows and the Fed’s tone weigh heavily here.

Volume numbers expose the fragility. The $80,000 market moves $125K USDC daily, yet $8,440 is enough for a 5-point shift, meaning a single large trade can move the price significantly. This market has already dropped 37 points, from 56% to 18%, showing how fast sentiment can flip in thin conditions.

These bearish trends suggest traders expect continued pressure from Powell’s last FOMC meeting. At 5¢, a YES share for Bitcoin hitting $200,000 in 2026 pays $1, a 20x return. But that bet requires strong faith in a radical market reversal.

Traders should watch Powell’s language closely and any ETF inflow reversals. Significant inflows from major issuers like BlackRock and Fidelity could counteract the current bearish pressure.