A likely BCH short-term range extension ahead of the FOMC Meeting could provide bulls with extra gains.
Now, while the recovery faltered at $220, BCH bulls defended the $210-level, pushing the altcoin into a short-range formation on the 4-hour timeframe since 15 September.The Chaikin Money Flow has wavered below zero since 15 September, indicating capital inflows were dismal and stagnant over the last two days.
On the 4-hour chart, the price has been oscillating between $220 and $210 in the past two days. With the FOMC Meeting scheduled for 20 September inching closer, a range extension was likely in the next few hours before a spike in market volatility.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Polkadot’s recovery hits range-low: Can it push forward?Polkadot's recovery hit a range-low and could falter unless Bitcoin traverses this path.
Lire la suite »
Our Community: Run and walk raises cash for those struggling with infertility, lossTree appreciation; garage sale; Young Builders Network; Culture Days
Lire la suite »
ChatGPT expects Bitcoin to rise to $50k-$100kBitcoin could rise to $50K-$100K or even higher during 2023-24, ChatGPT says. But it cautions it is a completely speculative assertion.
Lire la suite »
Cash-squeezed developer Country Garden faces another dollar coupon deadlineBy Xie Yu HONG KONG (Reuters) - Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday's deadline to pay $15 ...
Lire la suite »
Bitcoin: Will this threat wipe out improving sentiment?The U.S Federal Reserve is slated to make an announcement regarding its next interest rate decision. An interest rate hike could spoof investors and lead to more price suppression.
Lire la suite »
Bitcoin’s volatility evolution: From extreme swings to stable groundHere's a look at Bitcoin's journey from wild price swings to newfound stability. Recent data reveals its tamed volatility with comparisons to stocks like NVIDIA and Tesla.
Lire la suite »