Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 Ahead of FOMC Meeting – Market Updates Bitcoin News

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BTC, ETH above $19,000 and $1,300 respectively, ahead of Wednesday's FOMC rate decision.

/USD hit an intraday high of $19,639.48 earlier in today’s session, as prices rebounded from losses to start the week.

The move came as bulls rejected an attempt to move below yesterday’s floor of $18,645, instead using this as a point of reentry.Looking at the chart, today’s gains have seen the 14-day relative strength index move away from yesterday’s bottom below the 38.00 point. The RSI is currently tracking at 39.69.

The next step for bulls would be to recapture the $20,000 level, however the current level of market volatility will make this no easy feat. As of writing, the token is trading at $19,117.06, as earlier gains have somewhat diminished, prior to the rates decision.

 

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Bitcoin dropped under 19k USDT now, so maybe we are going to see a new bottom.

I knew BTC below $19K wouldn't last for long. Especially after MicroStrategy bought it.

🤷🏼‍♂️

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This is going to be a great day in history, many heads will roll

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50 Days left till the Nov 8 Midterm election Can bitcion hold the june low of $17500🔥🔥 Bitboy_Crypto bensemchee Frankie_Candles

Whyy is everyonee silent about thiss?

Why are they keepinnn thiss a secret.?.

Why are they keepinnn thiss a secret.?

Why is nooboody talking aboout this?

Lol, I only listen to ChiefraFba for signals and analysis

yeea!

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