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These Levels Will Be Followed in Bitcoin and ETH in the Evening! Here is the Latest Situation..
The accumulation trend in BTC and ETH continues.
As of today, it is a critical day in the cryptocurrency industry. Although the leading cryptocurrency Bitcoin (BTC) and altcoins have not made any significant movements until this hour, harsh movements may occur in the crypto sector this evening.
This evening at 21.00 Turkish lira, the US Federal Reserve (FED) will announce its new interest rate decision. As of now, it is considered certain that the FED will keep interest rates constant.
Although the FED will not increase or decrease interest rates, FED chairman Jerome Powell's statements will affect the price movements of crypto assets.
Let's take a look at the critical levels in the leading cryptocurrency Bitcoin (BTC) and the leading altcoin Ethereum (ETH):
What Are the Critical Levels in Bitcoin and Ethereum?
Bitcoin and Ethereum appear to be showing horizontal movements before the US Federal Reserve's (FED) interest rate decision. The accumulation trend in BTC and ETH continues.
As of this evening, Bitcoin will be followed at $26,650 as support and $27,500 as resistance. A breakout of one of these 2 levels will bring harsh movements in that direction.
After the interest rate decision, $ 1,610 support will be followed in Ethereum. Investors will focus on the $1,660 level as resistance.
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