HomeUncategorizedBitcoin analysis predicts ‘spicy’ BTC price into FOMC as $27K holds By Cointelegraph

Bitcoin analysis predicts ‘spicy’ BTC price into FOMC as $27K holds By Cointelegraph

September 21, 2023

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© Reuters

(BTC) held $27,000 into Sept. 20 as the key macroeconomic date of the cryptocurrency trading week arrived.

1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed the BTC price focus shifting upward compared to the week prior.

Fed target rate probabilities chart. Source: CME Group (NASDAQ:)
BTC/USD order book data for Binance. Source: Material Indicators/X
BTC/USD annotated chart. Source: Daan Crypto Trades/X
BTC/USD annotated chart. Source: Crypto Tony/X