Buy the hike? 'All classes' buying BTC while markets bet the Fed won't pivot.
) headed to new nine-month highs after the March 21 Wall Street open as a crucial Federal Reserve interest rate decision loomed.Bitcoin price climbs despite conservative Fed viewThe latest in aof multi-month highs, the latest BTC price action precedes what promises to be a volatile day for markets.
“Heavily interested to see the outcome of tomorrow,” Cointelegraph contributor Michaël van de Poppe, founder and CEO of trading firm Eight,“Potential sweep into the highs, closing CME gap, trapping everyone & creating bearish divergences is an ideal concept. Key zone $28,700.”Bitcoin nonetheless produced interesting moves on the day, with the dollar gains coming alongside volatility in overall crypto market cap dominance.
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