Betting markets are now almost certain the Fed will hold interest rates steady tomorrow, which is neutral for Bitcoin since it's already priced in.

• Odds of a rate hold jumped from about 70% last week to 93% now on prediction market Kalshi.
• Whichever side has been heavily favored on these Fed bets has won every time so far.
• Because the market already expects a hold, no big price reaction is expected either way.

Outlook: A hold tomorrow should be a non-event for markets since it's already baked in.