BTC price needs to close February above 50-month trend line — analysis

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BTC price needs to close February above 50-month trend line — analysis
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Can Bitcoin beat out the 50-month moving average in time for the monthly close?

With United States stocks flat and the U.S. dollar avoiding a return to strength, eyes were on Bitcoin to preserve its gains through last-minute volatility.

Material Indicators noted that the month of March held a key macroeconomic event in the form of the Federal Reserve’s next decision on interest rate hikes. This was due on Mar. 22 courtesy of the Federal Open Market Committee .

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