News Formal

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $28,000 Ahead of FOMC Decision – Market Updates Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

BTC falls below $28,000 ahead of upcoming FOMC rate decision.

/USD slipped to an intraday low of $27,680.79 earlier in today’s session, which came less than 24 hours after trading at a high of $28,626.28.

As a result of this move, bitcoin nearly collided with its recent price floor at $27,600, hitting a six-day low in the process.Looking at the chart, the latest decline comes as the relative strength index moved below a floor of its own at 50.00. At the time of writing, the index is tracking at 46.17, with the next visible point of support at 43.00.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Slipped Below $28K Ahead of FOMC Meeting: Market WatchThe crypto market has turned red once again, with another $20 billion gone from the total market cap.
Source: Crypto_Potato - 🏆 568. / 51 Read more »