Bitcoin Garden Forum
Cryptocurrencies => Trading => Topic started by: cryptogabbar on September 23, 2022, 10:52:04 AM
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On Thursday, the cryptocurrency market observed bullish price movement as investors digested the FED recent 75 basis point hike and the effects on global asset prices.
Bitcoin started an upward bounce against the dollar at $18,153. BTC is back over $19,200, and a break above $19,500 could trigger a new rally. BTC fell as low as $18,153 before starting a decent recovery phase. The price was able to rebound above the barrier levels of $18,800 and $19,000.
BTC is currently trading in the $18,000 to $20,000 level. The next move will most likely set the tone for the market's near-term direction.
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Still very much stuck in a range for me. Just as quick as it tries to break out it crashes back into it. There's no backing to send it north yet. too many filling their pockets at this level.
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