The key support of $22599 last Friday was broken, then a big slide followed. $20797 is the support at present.
There is a need for recovery and consolidation. BTC has to break up every short-term resistance before taking hold of $23239.66 and remaining above it for 24 hours to conclude a consolidation.
Key resistance diverts to an area between $20747.07-$20536.61. If supports are broken down, it could drop and test as low as $18743.92.
Barkin, CEO of the Federal Reserve Bank of Richmond, made a hawkish remark that Fed 'Will Do What It Takes' to Curb Inflation.
The market expected interest rate hike: 50bp(58.5%),75bp(41.5%)
There is a need for recovery and consolidation. BTC has to break up every short-term resistance before taking hold of $23239.66 and remaining above it for 24 hours to conclude a consolidation.
Key resistance diverts to an area between $20747.07-$20536.61. If supports are broken down, it could drop and test as low as $18743.92.
Barkin, CEO of the Federal Reserve Bank of Richmond, made a hawkish remark that Fed 'Will Do What It Takes' to Curb Inflation.
The market expected interest rate hike: 50bp(58.5%),75bp(41.5%)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.