Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound Following Fed Minutes – Market Updates Bitcoin News

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ETH nears $1,700 as Federal Reserve hints at ongoing rate hikes.

) moved back above $24,000 on Thursday, as cryptocurrency markets rebounded following the latest FOMC minutes./USD surged to an intraday high of $24,572.09 earlier in the day.

As a result of this, the world’s largest cryptocurrency broke out of a key resistance level at the $24,200 point.This rebound also came as the 14-day relative strength index , bounced from a floor of its own at 59.00 Currently, the index is tracking at a reading of 59.90, with the next visible point of resistance at the 66.00 zone.

Should bulls attempt to reach this level, there is a strong chance that bitcoin will be trading above $25,000.

 

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I want to buy more $ETH in ownr

I live in Turkey I am 28 years old. My family and my house were destroyed in the earthquake. Can you provide financial support? BTC 👇❤️‍🔥🙏 1BDDjVcaTkRLcv5CNQG6bF28xBXwfh3MM8

Looks like we will see 4k for eth sooner or later

And btc is below 24k again...

They still haven't grown up enough. We wait.

The Federal Reserve wants to raise interest rates all the time and crazily refreshes the dollar. What does this mean?

Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals!

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