Bitcoin [BTC] entered a range formation on 25 October and consolidated gains above $34k. The range persisted ahead of the Fed decision on 1 November and could expose the king coin to slight price volatility. A recent BTC price prediction projected a move to $36k due to open liquidity at $35.9k. The idea was yet to materialize at press time as BTC failed to cross above $35.2k. What can traders expect next week as the Fed decision looms? The liquidity on the 12-hour chart was at $30.9k – $32.8k (white). Above it, a crucial overhead and a bearish order block formed in May 2022 stood at $38k-$40k (red). However, the immediate hurdle for bulls to clear was the recent and new high of $35.2k.