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Bitcoin is trading near $80,100 on Monday, flat on the day, after slipping below its 50-day moving average as traders brace for this week’s Federal Reserve decision.
Binance’s BTC/USDT daily chart on TradingView puts the price about 8% below its recent swing high near $87,400.
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What we know Bitcoin trades below its 50-day SMA. Futures price a 90.6% chance of a hold. Range ceiling sits at $84,000-$85,000. RSI near 41.5, below its signal line. |
What we don’t Whether $80,000 survives a daily close. What the Fed signals for December. How the midterms reshape crypto policy. Which side the range breaks. |
The 50-day SMA has changed sides
Bitcoin’s failure to hold momentum above its $84,000-$85,000 ceiling ...
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