Bitcoin

<ul><li>Gold price has made a turnaround with significant support at the $1,951 level and entered an uptrend following the FED statements.</li><li>In the short-term price chart of Bitcoin, the $27,150 level is seen as a decisive resistance zone. Closures above this level can increase the upside potential.</li><li>The EXY index continues its ascent with buyer support from strong support levels and has the potential to progress towards the $109.59 levels.</li></ul>Gold, Bitcoin, and EXY index are experiencing upward movements around specific levels in their short-term price charts, influenced by the FED statements. This analysis examines the support levels of gold price, resistance levels of Bitcoin, and the upside potential of the EXY index.<h2 id="header-0">Current Bitcoin Price Analysis</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/ab6bad03d1224b8685f0b9f2e7e189dd.png" />2 Hour Bitcoin Price Chart Source: TradingViewWhen examining the short-term price chart of Bitcoin, it can be observed that the $27,150 level is an important resistance zone.If the BTC price achieves 2-hour candle closures above the $27,150 level, it can sustain the uptrend towards the $28,200 levels.However, if Bitcoin fails to overcome the $27,150 resistance, it may continue the downward movement towards the $26,300 levels.In summary, Bitcoin’s price chart will move depending on whether the $27,150 level is breached or not.<h2 id="header-1">Euro (EXY) Price Analysis!</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/3d65f48fbd484e4f83f476d17cf47e73.png" />4 Hour EXY Price Analysis! Source: TradingViewWhen examining the 4-hour price chart of EXY, it can be seen that buyers provided strong support at the $107.53 level. With this support, the EXY index has experienced an uptrend towards the $108.15 levels.Today, an upward movement has been observed in the EXY index following the FED’s banking crisis and interest rate statements.The upward movement of EXY can continue towards the mentioned $109.59 levels as stated in the analysis. However, it is important for EXY to remain above the $107.50 level before reaching this level.In summary, the price chart of the EXY index indicates an uptrend. It is crucial for EXY to stay above the $107.50 level for the progression towards $109.59.<h2 id="header-2">DXY Price Analysis!</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/1feae9eb909d48fd9af8d069457704e3.png" />Daily DXY Price Analysis! Source: TradingViewWhen examining the daily price chart of DXY, it can be observed that it experienced a drop to the $103.074 levels after encountering selling pressure from the important support-resistance zone around the $103.62 levels.One of the major reasons for this drop was FED Chairman Powell’s statements:<blockquote>LIVE | FED Chairman Powell: “Inflation is well above the FED target.”— CO NEWS (&#64;coinotag) <a href="https://twitter.com/coinotag/status/1659576498389491714?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">May 19, 2023</a></blockquote>During Powell’s statements, significant volatility was observed in global market indices.Looking at the DXY chart, for DXY to continue its upward movement, it needs to find support around the $102.76 levels. If DXY holds at the $102.76 level, it can rise towards the $105.83 levels.<h2 id="header-3">Gold Price Analysis (XAU/USD)</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/1b122dc937bd4233811bfe66e7967ed4.png" />8 Hour Gold (XAU) Chart Analysis Source: TradingViewWhen examining the gold price chart, it can be seen that it made a turnaround with significant support at the $1,951 level.Following the FED’s statements, there has been a 1.12% increase in the gold price, and it has risen to the $1,984 levels.As long as the gold price maintains daily candle closures above $1,934, it has the potential to continue the uptrend towards the $2,033 levels.In summary, the gold price chart indicates an uptrend. Gold can progress towards the $2,033 target as long as it stays above $1,934.Source: <a href="https://en.coinotag.com/btc-xau-dxy-and-exy-analysis-post-fed-statement/" rel="noopener noreferrer nofollow">https://en.coinotag.com/btc-xau-dxy-and-exy-analysis-post-fed-statement/</a>

BTC, XAU, DXY, and EXY Analysis: Post-FED Statement!

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