Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K

Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K

Market Analysis
December 19, 2022 by secret
131
[ad_1] Bitcoin (BTC) failed to break above the $17,250 resistance on Dec. 11 and subsequently faced a 2.2% correction. More importantly, the last daily close above this level was over 30 days ago — reinforcing the thesis of size sellers near the $330 billion market capitalization mark. Curiously, this valuation level is slightly behind Palladium,