{"id":518398,"date":"2023-02-02T03:24:20","date_gmt":"2023-02-02T03:24:20","guid":{"rendered":"https:\/\/ktsl888.com\/?p=518398"},"modified":"2024-06-11T14:32:09","modified_gmt":"2024-06-11T14:32:09","slug":"bitcoin-price-rally-post-fed-rate-hike","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-rally-post-fed-rate-hike\/","title":{"rendered":"Bitcoin Price Rally Post Fed Rate Hike Could Gather Momentum, Here\u2019s Why"},"content":{"rendered":"
Bitcoin price is rising and gaining pace above the $23,500 resistance. BTC climbed to a new yearly high after the fed increased rates by 25bps.<\/em><\/p>\n
\n
Bitcoin is up over 3% and there was a clear move above the $23,800 resistance.<\/li>\n
The price is trading above $23,500 and the 100 hourly simple moving average.<\/li>\n
There was a break above a major bearish trend line with resistance near $23,100 on the hourly chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair could rally further if it stays above the $23,500 support zone.<\/li>\n<\/ul>\n