Bitcoin

<h2 id="header-0">Chika Moji New Memecoin, Get 100,000 Chika Tokens $100 Free, Join Airdrop Now On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">ChikaMoji.lol</a></h2><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/06b868ca3a894816a91956d71f2d4638.png" /></p><p>BTC price risks mount into a classic risk-asset hurdle, but optimistic analysis sees room for a deeper correction still preserving the Bitcoin bull market.Bitcoin headed closer to $60,000 at the March 19 Wall Street open as BTC price weakness showed no signs of fading.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/f7ccf87dde8a446b976139140bef4fca.png" /></p><h2 id="header-1">Chika Moji New Memecoin, Get 100,000 Chika Tokens $100 Free, Join Airdrop Now On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">ChikaMoji.lol</a></h2><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/06b868ca3a894816a91956d71f2d4638.png" /></p><h2 id="header-2">Tailwinds combine to keep pressure on</h2><p>Data from Cointelegraph Markets Pro and TradingView showed BTC/USD preparing to test $62,000 at the time of writing amid volatile conditions.</p><p>The largest cryptocurrency encountered fresh selling pressure immediately after the daily close, dropping by almost 8% on the day.</p><p>The trend came as risk assets prepared to weather the upcoming interest rates decision from the United States Federal Reserve on March 20.</p><h2 id="header-3">Chika Moji New Memecoin, Get 100,000 Chika Tokens $100 Free, Join Airdrop Now On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">ChikaMoji.lol</a></h2><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/06b868ca3a894816a91956d71f2d4638.png" /></p><p>The U.S. dollar gained in tandem, with the U.S. dollar index (DXY) spiking above 104 before consolidating.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/ed37cf8a2ac9413eb8ffd1bc81a93425.png" /></p><p>In the eyes of market observers, the Fed event formed just one of several headwinds for Bitcoin.</p><p>Others included news that Japan’s central bank had raised rates for the first time since 2007, as well as outflows from the Grayscale Bitcoin Trust (GBTC), the daily tally for which hit a record $642 million on March 18.</p><h2 id="header-4">Chika Moji New Memecoin, Get 100,000 Chika Tokens $100 Free, Join Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/06b868ca3a894816a91956d71f2d4638.png" /></p><p>“I think we&#39;re close to a bottoming procedure and the correction is shallow, altcoins bleeding -&gt; great opportunities,” Michaël van de Poppe, founder and CEO of trading firm MNTrading, wrote in part of recent commentary on X (formerly Twitter).</p><p>An accompanying chart raised the prospect of a bearish divergence on BTC/USD, with Van de Poppe joining those eyeing $60,000 as a potential reversal point.</p><h2 id="header-5">Chika Moji New Memecoin, Get 100,000 Chika Tokens $100 Free, Join Airdrop Now On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">ChikaMoji.lol</a></h2><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/06b868ca3a894816a91956d71f2d4638.png" /></p><h2 id="header-6">Brandt: February BTC price trendline allows $55,000 dip</h2><p>Old hands, meanwhile, stayed positive on Bitcoin’s overall strength.</p><p>For veteran trader Peter Brandt, who successfully called various BTC price milestones in recent years, the current correction was little to worry about.</p><p>“This correction is healthy. BTC is in a major bull trend,” he summarized in part of an X discussion.</p><p>Brandt flagged a potential head and shoulders pattern playing out on daily timeframes. A deeper comedown toward $55,000 could still result, he warned, but even this would keep BTC/USD in line with its broader rising trend.</p><h2 id="header-7">Chika Moji New Memecoin, Get 100,000 Chika Tokens $100 Free, Join Airdrop Now On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">ChikaMoji.lol</a></h2><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/06b868ca3a894816a91956d71f2d4638.png" /></p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/2a30985d960c477da8f5cb014a50d329.png" /></p><p>As Cointelegraph reported, confidence in the bull market has not waned despite repeated failures to flip old all-time highs at $69,000 from 2021 to definitive support.</p><h2 id="header-8">Chika Moji New Memecoin, Get 100,000 Chika Tokens $100 Free, Join Airdrop Now On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">ChikaMoji.lol</a></h2><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/06b868ca3a894816a91956d71f2d4638.png" /></p><p>#Bitcoin  #Altcoin  #Cryptocurrency  #CryptoNews $BTC $ETH $SOL</p>

Bitcoin price feels FOMC friction as trader eyes trip to mid-$50K zone

Table of Contents

CryptosHeadlines.com

Other articles published on Mar 19, 2024

Raffle Coin (RAFF) Bull Run Attracts Ethereum (ETH) & Solana (SOL) Holders, Offering Promising Po...

Injective (INJ) & Hedera (HBAR) Investors Pile into DeeStream (DST) Presale, Seduced by Streaming...

Fantom Token Surges as Crypto Market Struggles

Spot Ethereum ETF: Grayscale to Include Staking in Ethereum ETF Proposal

MANTRA Secures $11 Million in Funding to Lead the Future of RWA Tokenization

XPR Network Price Forecast: Will XPR Crypto Break Below EMAs?

Join our free newsletter for daily crypto updates!