Bitcoin remains close to $17k after FOMC minutes release: Will BTC rally soon?

Bitcoin price steadied above $16,800 as US Federal Reserve officials agreed to slow its pace of interest rate hikes. The latest FOMC minutes indicate that US policymakers are focused on controlling the pace of price hikes. Bitcoin could surge past the $17k resistance level soon. BTC eyes the $17k resistance level The United States Federal […]

Bitcoin is edging closer to $17k as bullish sentiment grows stronger

The crypto market is trading in the green zone for the second-consecutive day this week. Bitcoin is closing in on the $17k resistance level and could cross it a few hours from now. The total crypto market cap is now close to $815 billion. Bitcoin closes in on the $17k level Bitcoin, the world’s leading […]

Bitcoin steadies below $17K, but this analyst recommends a key indicator for a reversal

Bitcoin was steady below $17,000 on Tuesday A crypto analyst suggests a crossing of price above the 200-day as a bull signal Bitcoin still lacks a directional movement, and further decline is possible Bitcoin (BTC/USD) traded slightly below $17,000 on Tuesday, initially losing an opportunity to claim $19,000. A technical outlook shows that BTC has […]

Why Bitcoin (BTC/USD) rose to $17K. Here is the potential price action next

Bitcoin rose on Thursday after Powell’s statement indicated slower rate hikes. BTC price has recovered above the 20-day MA. The long-term momentum is bearish for BTC unless bulls win back the $19,000 level. Bitcoin (BTC/USD) saw increased buyer interest on Thursday, rising to over $17,100. The price increase reflected renewed optimism in all markets after […]