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Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain Higher Ahead of Fed Rate Decision

December 14, 2022

Category:

Bitcoin

Bitcoin (BTC) was trading close to the $18,000 level on Wednesday, as markets remained higher following the latest U.S. inflation report.

Following a low of $17,412.19 on Tuesday, BTC/USD surged to a peak of $17,930.09 earlier in today’s session.

As a result of this move, BTC continues to trade close to its highest point since November 9, which is the last time price was above $18,000.

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