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The price of Bitcoin fell to $81,000 yesterday but managed to defend this level and now sits above $83,000 ahead of the second FOMC meeting of the year.
In addition, bulls attempted to push the asset northwards towards $85,000, but were immediately rejected. There was a clear example over the weekend, after which Bitcoin fell below $82,000 after being stopped at $85,000 on Monday. This decline saw BTC fall below $81,500 on Tuesday to mark a multi-day low.
More volatility is expected later today as the U.S. central bank is set to announce whether there will be any changes to the key interest rate. Although almost all expected rates will remain unchanged, BTC will at least react with volatility after each meeting.
Its market cap is currently above $1.65 trillion, while its dominance over ALTS has fallen slightly to 58.5% of CG.
BTCUSD BTCUSD 
BTCUSDT.P BTCUSDT BTCUSD BTCUSD
The price of Bitcoin fell to $81,000 yesterday but managed to defend this level and now sits above $83,000 ahead of the second FOMC meeting of the year.
In addition, bulls attempted to push the asset northwards towards $85,000, but were immediately rejected. There was a clear example over the weekend, after which Bitcoin fell below $82,000 after being stopped at $85,000 on Monday. This decline saw BTC fall below $81,500 on Tuesday to mark a multi-day low.
More volatility is expected later today as the U.S. central bank is set to announce whether there will be any changes to the key interest rate. Although almost all expected rates will remain unchanged, BTC will at least react with volatility after each meeting.
Its market cap is currently above $1.65 trillion, while its dominance over ALTS has fallen slightly to 58.5% of CG.
BTCUSD BTCUSD BTCUSDT.P BTCUSDT BTCUSD BTCUSD 
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✔Copy accurate trading signals✔Manage accounts🎁Stable profit of more than 188.6% per week🎁Success rate is as high as 97.85%, real-time communication: @cryptoanalyst_baker Signal entry: t.me/FcCygjylf
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.