Cryptocurrencies have mostly consolidated ahead of the release, which many believe could trigger further action from the Federal Reserve Bank. Ethereum was also higher, as the token rose above $1,300.The world’s largest cryptocurrency rose to a high of $19,241.96, less than 24 hours after hitting a bottom of $18,925.60.
Today’s move saw the token edge closer to its recent resistance level of $19,300, moving away from a one-week low in the process.Looking at the chart, it can be seen that prices have fallen from earlier highs, and as of writing, sit just above the $19,100 mark. This seems to have come as the 14-day relative strength index nears a collision with a ceiling of 44.55.bulls intend to take prices back above $19,300, the first step would be to overcome this upcoming obstacle.
I allocate as much usdt as possible to buy these projects
I guess BTC will drop after the report to 18.8k USDT.
Edge higher .it's barely holding $19k.
I think both will drop after the report. I expect Bitcoin to drop to 18.6 usdt.
'Oh, the Irony! Markets are in a way celebrating a sub 8 inflation in the US. Believe it or not. High Inflation is here to stay. Market has started adjusting for it'
The funny thing about Bitcoin is that it is here to stay. It won't just go away like a fad. It is here almost forever. Although, I tried to HODL but made more money when I wasn’t. Realized there are better strategies than just HODLing. Send a dm to know these strategies
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