Bitcoin falls as traders cut risk ahead of FOMC: Will TradFi, spot ETF volumes bolster $70K support?
Burns Brief
Bitcoin price volatility tends to spike before and after the FOMC, a pattern that is playing out this week The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
Bitcoin price volatility tends to spike before and after the FOMC, a pattern that is playing out this week. Will institutional investor BTC buying protect the $70,000 support?
Key Takeaways
- Bitcoin price volatility tends to spike before and after the FOMC, a pattern that is playing out this week
- Will institutional investor BTC buying protect the $70,000 support