Bitcoin (BTC) transferred USD 84,000 to Wall Street of March 19, because the markets prepared for the interest of the US Federal Reserve.
BTC/1-hour chart. Source: Cointelegraph/TradingView
Bitcoin, risks do not have “winds” in FOMC
Data from CointeLraph Markets Pro i TradingView He showed local Maksima 84 358 USD on Bitstamp.
Risk assets were ahead of the Federal Committee of the Open Market (FOMC), and the FED expected to maintain rates until at least June, according to data from the CME group Fedwatch tool.
Providing the probability of the target rate (screenshot). Source: CME Group
The nature of the next commentary of the Fed Chairman Jerome Powell was more concerned about traders. Already Jastrzębia, Powell stands before the pressure of trade tariffs in the USA, because inflation markets are just beginning to fall.
“Today’s FOMC meeting is very likely that we will carefully observe all changes to the pigeons, especially in terms of growth and inflation,” wrote the QCP Capital Commercial Firma in its Bulletin for Telegram Telegram Channel Subscribers.
“Considering that the impact of tariffs takes months to wave through the economy, we expect the Fed to remain in the” waiting “mode.
With over USD 80,000 in a week, Los Bitcoin hung in balance, as American actions noticed a significant defect.
The S&P 500 and NASDAQ composite indicator dropped by 4% and 8.7% from year to date at the time of writing compared to 10% for BTC/USD.
“TC found some support at $ 80,000, but it seems to be tender among the wider weakness of macro,” QCP continued.
“We will not try to cause the exact moment when the music stops, but in a tiny period we try to identify significant rear winds to reverse this route.”
Commercial resources in the Kobeissi letter identified a potential silver lining in the form of growing allocation of shares by American retail investors.
“Net retail revenues to the NASDAQ 100 index shares, because the percentage of market capital reached 0.1%, the highest for at least a year. wrote In the post on X.
“In addition, the result of JPMorgan retail investors reached a record level of 4 points.
American shares are flowing. Source: List Kobeissi/X
Bad risk of FOMC results $ 76,000 BTC price drop
Analysis of the BTC price campaign, a popular salesman and Rekt Capital analyst, hoped that the additional gap on the CME termination contracts market would be fully “filled” with a jump to USD 87,000.
Related: Bitcoin Futures “Deleverging” wipes an open interest of USD 10 billion in 2 weeks
Such gaps as Cointelegraph reports still act as short -term price magnets.
“Bitcoin still successfully checking the CME gap again as support (Orange Box, USD 78,000-USD 80,7 thousand), Rekt Capital explained next to the illustration chart.
“What’s more, BTC does it at a higher (black) level.”
1-day Futures CME Bitcoin chart. Source: Rekt Capital/X.
Keith Alan, a co -founder of commercial materials indicators, while he suggested that Powell pigeons can have a clear impact on the price rush.
“Doles, which reduces recession fears, can send the price of Bitcoins above the 200-day and 21-day masses and reverse something that seemed to be the approaching intersection of death between these two key masses”, part X Post It was found.
Alan referred to two nearby elementary moving medium-sized, with a 200-day and 21-day master’s degree in $ 84,995 and USD 84,350, respectively.
1-day BTC/USD chart from 21, 200 mA. Source: Cointelegraph/TradingView
On the other hand, bad news could cause a minimum multimonthis at $ 76,000, he warned.
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
