Bitcoin Price Edgy Ahead of Fed Decision

Despite what we have said over the last few days in our bitcoin price watch pieces, we have had startlingly little volatility across the market this week. We focused on the upcoming interest rate decision out of the Federal Reserve, and suggested that – on the back of the announcement – we could see some considerable volatility. Why? Because whichever way the announcement comes out, we are likely to see investors run to the hills (figurative expression for a shift from risk on to risk off assets). We also suggested that we hoped bitcoin could present itself as one of the risk off assets – similar to gold or silver. As it happened, and as we have mentioned, this has not been the case. But that does not mean that it will remain as not being the case going forward. The interest rate decision is scheduled for today, and – if we get something unexpected – we will definitely see some volatility, and hopefully see some upside momentum in the bitcoin price. So, with this said, what are the levels that we are watching today, and where can we look to get in and out of the market according to our intraday strategy? Take

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