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Bitcoin, Altcoins sells before the FOMC key rate decision

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    • Key points: 📈 Bitcoin faces resistance at $117,500, yet Bulls prevail above $113,400. Altcoins show short-term profit reservations, likely attracting buyers at lower levels. Bitcoin’s struggle to exceed $117,500 led to profit-taking below $115,000. Keith Alan notes high institutional demand hindering BTC surpassing $124,500. Recent entries in BTC funds hit $642.35 million, boosting weekly entries to $2.34 billion. A long-term BTC whale moved $136 million in Hyperliquid. Will BTC conquer resistance? Altcoins poised for upward movement? 📊

      S&P 500 index continues bullish trend towards 6,700, with potential challenge at $7,000. Bears eye $6,391 level, while Bulls aim to defend $6,147. US dollar index faces resistance at mobile averages. Bears aim to break below $97.10 support, targeting $96.37. Bulls seek closure above mobile averages to ease selling pressure, eyeing $99 and $100.50 levels. 📉 BTC grapples with $117,500 resistance, Bears may push below 20-day EMA to extend $107,000-$124,474 range. Bulls

      Bitcoin, Altcoins sells before the FOMC key rate decision

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