Full Analysis: Price Predictions for Bitcoin, Gold, and Silver Ahead of FOMC Minutes

Bitcoin (BTC), Gold (XAU), and Silver (XAG) are all hovering at critical technical levels ahead of the release of the October FOMC minutes, which are expected to provide the only real signal regarding a potential December rate cut before year-end. Overall, all three assets show signs of bullish defense but face strong selling pressure overhead. I. Bitcoin (BTC) Price Prediction

Bitcoin bulls are currently defending the $90,000 psychological level, trading near $91,475. However, technical momentum is fading, suggesting weakness: Technical Rationale: The Relative Strength Index (RSI) is positioned at 41 and trending south, indicating weak buyer momentum and increasing odds in favor of bears. Bearish volume profiles show more sellers than buyers waiting at higher levels.Downside Targets: If selling pressure increases, BTC price could drop to the $86,707 level (23.6% Fibonacci Retracement). A dire case could see the price extend its decline by almost 20% to retest $74,508, a level last tested in April.Upside Potential: To reverse the trend, buyers must flip the immediate resistance at $94,253 back into support.

II. Gold (XAU) Price Prediction

The Gold price is pushing to fill a market imbalance, trading near $4,113, but faces immediate resistance: Technical Rationale: Gold successfully pushed into the Fair Value Gap (FVG) between $4,111 and $4,159, technically filling the market inefficiency. While the RSI is rising, indicating growing momentum, bearish volume profiles show more sellers than buyers overhanging the current price.Bullish Confirmation: A decisive four-hour candlestick close above the FVG midline at $4,135 (consequential encroachment) would confirm the continuation of the uptrend.Downside Targets: Given that the FVG has been filled, Gold could pull back, risking the loss of critical support at $4,061. A deeper drop could retest the support level at $4,014.

III. Silver (XAG) Price Prediction

Silver is mirroring Gold’s momentum and showing signs of bullish strength, with its RSI positioned at 61: Technical Rationale: Silver is currently supported by the critical 61.2% Fibonacci level. The rising RSI adds credence to the bullish thesis, suggesting momentum is growing. However, strong red volume profiles indicate sellers are waiting at nearby resistance levels.Upside Target: If Silver successfully flips the immediate roadblock of $52.46 into a support level, it could target $54.37, representing an almost 5% gain.Downside Risk: A rejection at $52.46 could force a revisit of the $50.96 support level, potentially triggering further selling down to $49.91.

IV. Final Conclusion

All three assets—Bitcoin, Gold, and Silver—are showing short-term bullish ambition ahead of the FOMC minutes but are hampered by fading momentum and overwhelming bearish volume profiles and resistance at current levels. The market’s next short-term directional bias will be heavily determined by whether the FOMC minutes hint at a potential December rate cut (bullish catalyst) or signal “wait and see” hesitation (bearish catalyst). For a confirmed upside move in any asset, buyers must absorb the heavy selling pressure marked by the bearish volume profiles.

⚠️ Important Disclaimer

This analysis is for informational and educational purposes only and is based on technical analysis and market data. It is not financial advice, nor should it be construed as a recommendation to buy, sell, or hold any security or cryptocurrency. The cryptocurrency market is highly speculative, volatile, and subject to external factors. Readers must conduct their own comprehensive research (DYOR) and consult with a qualified financial advisor before making any investment decisions.