Observe these Bitcoin price levels before the Fed chairman Powell's speech
The price of Bitcoin remains stalled below USD 110,000 ahead of the FOMC, with significant resistance at the USD 112,000 level and several key support levels below.
Key Points:
The odds of the Federal Reserve cutting interest rates this week are now below 0.1%.
The price of Bitcoin
BTC
91,726 €
failed in another attempt to break through the resistance of USD 110,000 on Tuesday as tensions in the Middle East intensified. Since June 5, the price of BTC has failed to surpass USD 112,000.
