'Buckle Up'—Bitcoin Is Suddenly Braced For An 'Extraordinary' Fed Price ...
8 Articles
8 Articles
'Buckle Up'—Bitcoin Is Suddenly Braced For An 'Extraordinary' Fed Price ...
Bitcoin fell below its short-term support zone after failing to break through the resistance level between $80,000 and $82,300. While the technical outlook points towards the $72,000-$74,000 range, investors are focused on the US Federal Reserve (Fed) decision to be announced tomorrow.
Bitcoin Price Analysis: BTC Tests Key Support Ahead of Crucial FOMC Decision
Bitcoin is entering a potentially decisive macro catalyst with its short-term structure already under pressure. The asset has drifted back toward the lower boundary of its recent consolidation, while the market awaits tomorrow’s FOMC interest-rate decision, an event that could trigger a sharp expansion in volatility as expectations remain heavily skewed toward a rate increase. […]
Bloomberg strategist points to one scenario in particular that could trigger a massive crypto crash.
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