{"id":499096,"date":"2022-08-17T22:50:29","date_gmt":"2022-08-17T22:50:29","guid":{"rendered":"https:\/\/wncen.com\/?p=499096"},"modified":"2024-06-11T14:22:41","modified_gmt":"2024-06-11T14:22:41","slug":"bitcoin-may-hit-10k-as-price-slides-pre-fomc-meeting","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-may-hit-10k-as-price-slides-pre-fomc-meeting\/","title":{"rendered":"Bitcoin May Hit $10K As Price Slides Pre-FOMC Meeting"},"content":{"rendered":"
A pricing analysis of bitcoin reveals that buyers are at a disadvantage. Price increased after a weaker opening and tested the session high of $24,448.40. However, it swiftly reversed course and tested the pivotal 21-day exponential moving average, where it is currently resting.<\/p>\n
The market action right now suggests that the bulls are running out of steam close to the higher levels and that the bears are clearing the way for more correction. The largest cryptocurrency’s 24-hour trading volume is $30,603,898,759, up more than 7%. BTC\/USD, however, is currently reading at $23,422.79, a 1.85% daily decline.<\/p>\n