Bitcoin price is experiencing significant selling pressure during the Asia hours, slipping below the $104,000 level. This decline comes ahead of the crucial US Federal Reserve interest rate decision scheduled for later today. Market expectations indicate a 25 basis point rate cut by the Fed. Such moves may instill optimism among investors. The aftermath of this meeting could crucially influence Bitcoin’s price trajectory and impact broader market sentiment. Pay attention to news updates and market analyses as these developments unfold.