Bitcoin Price Breaks Key Level, Risks Falling To $26K Ahead US Fed Rate Hike?
Ethereum price and altcoins will follow suit, bringing an overall crypto market correction amid the looming Fed interest rate decision. Also, there’s no support from whales as they are continuously selling. advertisement Bitcoin Price To Break Further Ahead US Fed Rate Decision As CoinGape Media reported earlier, the market will remain under selling pressure and volatile for several days from the monthly expiry on April 28 to the U.S. Federal Reserve ’s rate hike monetary policy decision on May 3. In the daily timeframe, BTC price broke below the key 50-MA level at $28.2k after failing to hold above the 20-MA at $29k. BTC price fell to a 24-hour low of $27,680 after breaking the key level. The price is currently trading at $28,011, down 2% in the last 24 hours. Bitcoin price is also showing weakness at 1-hr and 4-hr timeframes, with RSI moving near the oversold region. Trending Stories Dogecoin Price Pred...