The analysis identifies the upcoming FOMC interest rate decision as a catalyst for volatility. There's a 96% probability of a 25 basis point rate cut, and a 4% chance of a 50 basis point cut, according to the market. Bitcoin hasn't seen a rate cut since late last year. A rate cut is a catalyst for volatility, not necessarily a bullish event.The analyst points out that the Bitcoin chart is right on the edge of where it needs to be to get back into a secure market environment. The analysis sets 118000 as a level for a secure market environment. The key level is $107000 on the Bitcoin chart; Bitcoin needs to remain above the identified bull market support band. A confirmed breakout will occur when Bitcoin breaks above the horizontal resistance line at 118000. If Bitcoin remains above 107000, then the analysis is still valid.