The Latest Situation in Bitcoin (BTC) Before the US Federal Reserve (Fed) Interest Rate Decision: Uncertainty Continues

Bitcoin (BTC) is trading at $ 19,261 with an increase of 1.4% in the 24-hour period, shortly before the interest rate decision to be announced by the US Federal Reserve (Fed).

CoinGecko data per day lowest $18,830, highest $19,424 seeing the levels bitcoinbefore the interest rate decision that will determine the direction of the crypto money market. It is located just above a key support area.

One of the top 10 cryptocurrencies by market value Ethereum (ETH) 0.3% in decline 1,345, BNB (BNB) 0.3% in decline 267, Ripple (XRP) 4% in decline 0.3914, cardano (ISLAND) 0.1% with an increase 0.444, wither (LEFT) %0.6 in decline 31.69 and dogecoin (DOGE) 0.8% in decline 0.0586 dollartraded from.

Total value of the cryptocurrency market 970 billion dollars are levels.

with Turkey time today at 21.00About the interest rate decision to be announced in CME Group‘Fame 82% rate 75 basis points, 18% rate 100 basis points one of the world’s largest banks Citigroup and Nomura if 100 basis points expects a rate hike.

Latest situation in Bitcoin: Uncertainty continues

$18,600 holding on the support area around the levels and showing an upward performance of about $1,000 from this region. bitcoinIt is trading below both its 200 and 50 candle moving averages. The days when the Fed will announce the interest rate decision, Bitcoin, which is more volatile than other days, can be seen as a rise or a fall today. setting a direction Waiting.

Ahead of Bitcoin if it goes up $25,000 up to the levels many resistance zones exists. Bitcoin’s moving averages first and then 21,800 and 22,800 in case of exceeding the $25,000 up to the levels rising performance expected to show.

of bitcoin $25,000 levels as well “with a voluminous and hard wax” in case it breaks “bear season rally” performance is expected.

If the Fed’s interest rate decision to be announced today is above expectations, a decrease in Bitcoin is predicted. Reacting from $16,000 levels Waiting. In case of loss of this region in Bitcoin new low levelwhich is a key region on the weekly chart $12,000 to $14,000 It is estimated that between

  • The data contained in the content is definitely not investment advice.

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