Friday, 22 September 2023


FOMC versus BTC price ‘local bottom’ — 5 things to know in Bitcoin this week By Cointelegraph

Michael Saylor Believes That the ETH Merge Will Strengthen BTC

© Igor Faun

(BTC) starts the new week with optimism as traders greet the first green weekly candle in over a month.

BTC price strength appears to be gradually improving after a weak August and start of September, with climbing toward $27,000.

BTC/USD 1-hour chart. Source: TradingView
BTC/USD order book data for Binance annotated chart. Source: Credible Crypto/X
BTC/USD annotated chart. Source: Michaël van de Poppe/X
BTC/USD annotated chart. Source: Rekt Capital/X
Fed target rate probabilities chart. Source: CME Group (NASDAQ:)
Fed funds futures annotated chart. Source: Ecoinometrics/X
Bitcoin network fundamentals overview (screenshot). Source:
Bitcoin estimated hash rate chart. Source: Blockchain
Bitcoin new addresses chart. Source: Andre Dragosch/X
Bitcoin wallets with a balance of 0.01 BTC or less chart. Source: James Straten/X
Crypto Fear & Greed Index (screenshot). Source: