Bitcoin trader warns of 'bearish reaction' to FOMC with $64K now essential
Bitcoin approached important near-term support on new Fed chair Kevin Warsh's first FOMC day with a $55,000 BTC price target still on the table.
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The crypto analytics company CryptoQuant suggests that Bitcoin’s price could be bottoming out about $53,600, while the experts at The DeFi Report are predicting that, despite the possibility of more drops, the current market circumstances are similar to purchasing opportunities during bear markets in the past. At the time of
Read full articleBitcoin approached important near-term support on new Fed chair Kevin Warsh's first FOMC day with a $55,000 BTC price target still on the table.
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The US and Iran may have reached agreement on stopping conflict, but the U.S. stock market is not taking part in any euphoria and is instead rather unsettled. A lower high in the S&P 500 is corresponding with a potential rejection of the major $66K level for Bitcoin.
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Bitcoin has retreated toward $65,000 ahead of the Federal Reserve’s policy decision as traders cut risk and reassess the outlook for interest rates under newly appointed Fed Chair Kevin Warsh. According to data from crypto.news, Bitcoin (BTC) price fell from…
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