{"id":15718,"date":"2023-01-05T11:51:14","date_gmt":"2023-01-05T11:51:14","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/01\/05\/bitcoin-remains-close-to-17k-after-fomc-minutes-release-will-btc-rally-soon\/"},"modified":"2023-01-05T11:51:14","modified_gmt":"2023-01-05T11:51:14","slug":"bitcoin-remains-close-to-17k-after-fomc-minutes-release-will-btc-rally-soon","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/01\/05\/bitcoin-remains-close-to-17k-after-fomc-minutes-release-will-btc-rally-soon\/","title":{"rendered":"Bitcoin remains close to $17k after FOMC minutes release: Will BTC rally soon?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672255737181-dd49711a-8b92-423b-b6c1-9277593a05f9-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672255737181-dd49711a-8b92-423b-b6c1-9277593a05f9-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672255737181-dd49711a-8b92-423b-b6c1-9277593a05f9-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672255737181-dd49711a-8b92-423b-b6c1-9277593a05f9-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1672255737181-dd49711a-8b92-423b-b6c1-9277593a05f9.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Bitcoin value steadied above $16,800 as US Federal Reserve officers agreed to sluggish its tempo of rate of interest hikes.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The newest FOMC minutes point out that US policymakers are centered on controlling the tempo of value hikes.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Bitcoin might surge previous the $17k resistance stage quickly.<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\"><strong>BTC eyes the $17k resistance stage<\/strong><\/h2>\n<p dir=\"ltr\">The United States Federal Reserve just lately launched minutes from the Federal Open Market Committee for December. Fed members agreed {that a} restrictive coverage stance would wish to be maintained for now till the incoming knowledge supplied confidence that core inflation was on a sustained downward path again down to 2%.<\/p>\n<p dir=\"ltr\">This <a href=\"https:\/\/coinjournal.net\/news\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>latest cryptocurrency news<\/u><\/a> noticed Bitcoin, the world\u2019s main cryptocurrency by market cap, keep its value above the $16,800 stage over the past 24 hours. It has misplaced lower than 1% of its worth, and the <a href=\"https:\/\/coinjournal.net\/bitcoin\/\"><u>price of Bitcoin<\/u><\/a> now stands at $16,834.\u00a0<\/p>\n<p dir=\"ltr\">The broader crypto market can also be recovering from its latest stoop. At press time, the full cryptocurrency market cap stands at $819 billion, up by lower than 1% within the final 24 hours.<\/p>\n<h2 dir=\"ltr\">Key ranges to watch<\/h2>\n<p dir=\"ltr\">The BTC\/USD 4-hour chart is bullish as Bitcoin has held its floor above the 50-day Exponential Moving Average (EMA) at $16,714 over the previous few days.\u00a0<\/p>\n<p dir=\"ltr\">The MACD line is above the impartial zone, indicating that the main cryptocurrency has preserved its downward development from the standpoint of realised value. The 14-day RSI of 61 additionally exhibits that extra bulls controlling the market might see BTC enter the overbought area.\u00a0<\/p>\n<p dir=\"ltr\">If the bullish momentum will increase, BTC might surge previous the primary main resistance stage at $17,145 over the following few hours. However, Bitcoin might wrestle to surpass the second main resistance stage at $17,485 within the quick time period, until it beneficial properties assist from the broader crypto market.\u00a0<\/p>\n<h2 dir=\"ltr\">Where to purchase Bitcoin now<\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro gives a variety of cryptos, akin to Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and replica or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTkxNTc&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy BTC with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Bitstamp<\/h3>\n<p>Bitstamp is a number one cryptocurrency change which gives buying and selling in fiat currencies or fashionable cryptocurrencies.<\/p>\n<p>Bitstamp is a totally regulated firm which gives customers an intuitive interface, a excessive diploma of safety to your digital belongings, glorious buyer assist and a number of withdrawal strategies.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/bitstamp-crypto?guid=OTkxNTc&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy BTC with Bitstamp today            <\/a>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-remains-close-to-17k-after-fomc-minutes-release-will-btc-rally-soon\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin value steadied above $16,800 as US Federal Reserve officers agreed to sluggish its tempo of rate of interest hikes. The newest FOMC minutes point out that US policymakers are centered on controlling the tempo of value hikes. Bitcoin might surge previous the $17k resistance stage quickly. BTC eyes the $17k resistance stage The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[2418,20,31,1412,3225,1033,439,2628,183],"class_list":["post-15718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-17k","tag-bitcoin","tag-btc","tag-close","tag-fomc","tag-minutes","tag-rally","tag-release","tag-remains","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=15718"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15718\/revisions"}],"predecessor-version":[{"id":15719,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15718\/revisions\/15719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/15339"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=15718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=15718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=15718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}