Bitcoin price bounce rejected at 50-day trend line ahead of FOMC, earnings
Summary
Bitcoin recently failed to break above its 50-day moving average. Traders held back from making major moves as they awaited the results of the upcoming FOMC meeting and important technology sector earnings reports.
Bitcoin failed to move past its 50-day simple moving average as market participants awaited the outcome of the FOMC meeting and key tech earnings.
Source: Read the full story at Cointelegraph.com News
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