1d ago
Bitcoin trades near $74,000 as March 17-18 FOMC puts $76K and $60K levels in focus
Bitcoin (BTC) was trading around $74,000 on Wednesday after hitting $76,000 on Tuesday, with traders watching for volatility around the FOMC rate decision and Jerome Powell's remarks. Key technical areas highlighted include resistance at $76,000–$80,000 and downside zones at $72,000–$65,000, then $62,500–$60,000 if support fails. Spot Bitcoin ETFs also recorded $199 million of inflows on March 17, extending positive netflows to seven straight days.
TRX
TRX+0.00%
1d ago
2d ago
Bitcoin Bollinger Bands hit record monthly squeeze as charts eye $84,500
Bitcoin’s monthly Bollinger Bands have tightened to a record squeeze, a setup that analysts say often precedes sharp volatility and a potential breakout. Chart levels cited include reclaimed support at the 200-week EMA ($68,000) and 50-day SMA ($70,900), with a symmetrical-triangle target near $84,500. Onchain cost-basis data also highlights heavy supply accumulated around $83,000–$85,000, which could act as resistance near $84,000.
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LINK
LINK-0.98%
2d ago