Yesterday BTC held intraday support, which creates conditions to challenge the battleground. It’ll keep chopping. Breaking down the support would bulls need to recover its strength.
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The formulated data is within a sideway consolidation, waiting for a breakout.
The consolidating range now is between $20769.83-$18826.36, center at $19032.92.
Before breaking up $19985.96, BTC is under pressure. Taking hold of it for 24 hours will short-term bulls lead a rally.
The market expected interest rate hike in November: 75bp(95.5%),50bp(4.5%)
Interest rate hikes are expected to slow down from December.
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The formulated data is within a sideway consolidation, waiting for a breakout.
The consolidating range now is between $20769.83-$18826.36, center at $19032.92.
Before breaking up $19985.96, BTC is under pressure. Taking hold of it for 24 hours will short-term bulls lead a rally.
The market expected interest rate hike in November: 75bp(95.5%),50bp(4.5%)
Interest rate hikes are expected to slow down from December.