Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Some Expect Fed to Hike Rates…

Bitcoin.com | Sep 21, 2022 at 3:00 PM
  • Bitcoin fell below $19,000 on Wednesday, as markets prepared for a potential 100 basis point interest rate hike from the United States central bank.
  • As a result, BTC/USD fell to a low of $18,813.46 earlier today, a day after hitting a peak above the $19,600 level.
  • As of writing, the token is trading at $19,153.66, as prices continue to consolidate prior to this afternoon’s announcement.