BTC review dated 22.09.2022

22.09.2022

260

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.