22.09.2022

214

1 min

Bitcoin (1D)

After yesterday’s Fed meeting and US key rate hike by 75 basis points at once, there was maximum volatility in the crypto market, which left a long shadow on the daily timeframe. Momentarily, the bitcoin price rose above $20 000, but could not stay at this level and returned to the range of $18 200-19 200. A break of the range downwards will mean the updating of the local minimum.

The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.

Subscribe to Getblock Magazine and stay up to date with the latest news from the world of cryptocurrencies and the digital economy