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Bitcoin Price Prediction as BTC Climbs Back Up $16,500 and Prepares for a Big Move – Here’s Where It’s Headed Next

Bitcoin failed to maintain its upward trend on November 24 and fell below $16,650 despite the release of dovish FOMC meeting minutes. Members of the Federal Open Market Committee (FOMC) voted in early November to raise i...

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Bitcoin Price Prediction as BTC Climbs Back Up $16,500 and Prepares for a Big Move – Here’s Where It’s Headed Next
Bitcoin failed to maintain its upward trend on November 24 and fell below $16,650 despite the release of dovish FOMC meeting minutes. Members of the Federal Open Market Committee (FOMC) voted in early November to raise interest rates by 75 basis points, or 0.75%. However, Fed Chair Jerome Powell stated in a press conference that a slower rate would be appropriate soon. ...
Read More: Bitcoin Price Prediction as BTC Climbs Back Up $16,500 and Prepares for a Big Move – Here’s Where It’s Headed Next

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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