Bitcoin Price Tests $80K With the Fed and Midterms Ahead
Photo: Coindoo
Bitcoin is trading near $80,100 on Monday, flat on the day, after slipping below its 50-day moving average as traders brace for this week’s Federal Reserve decision. Binance’s BTC/USDT daily chart on TradingView puts the price about 8% below its recent swing high near $87,400. What we know Bitcoin trades below its 50-day SMA . Futures price a 90.6% chance of a hold. Range ceiling sits at $84,000-$85,000. RSI near 41.5, below its signal line. What we don’t Whether $80,000 survives a daily close. What the Fed signals for December. How the midterms reshape crypto policy.
Source: Coindoo
