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

Bitcoin.com | Sep 20, 2022 at 3:09 PM
  • Bitcoin was trading marginally higher ahead of Wednesday’s United States FOMC meeting, where it is expected that the Federal Reserve will increase interest rates.
  • 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.
  • Like with BTC earlier, ethereum bulls reentered the market following a move below a key support point.