Cryptocurrency News Today Bitcoin Stuck Below 40 000 Outlook Weak
Key Highlights Bitcoin held below $40,000 after the Fed chairman’s speech at IMF. He clearly stated that the central bank is looking to hike interest rates by 50 bps at the next Fed policy meeting. Technical Analysis Intraday Trend - Bearish On the daily chart, the pair is trading below Tenken-Sen ($40,763), Kijun-sen ($43,134), and Ichimoku Kumo cloud ($41,279). Bitcoin hit an intraday high of $38,217 and is currently trading around $39,467....