April 12, 2026

Bitcoin pre-FED

Bitcoin pre-FED

Bitcoin pre-FED

Bitcoin pre-FED

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Eclubtrading


Bitcoin pre-FED

Bitcoin has formed a descending triangle ahead of the FED statement tonight. From a technical perspective, we should see a breakout to the upside. See if it can get above $39K in order to resolve this recent pattern to the upside. The last time before the FED, we had an ascending triangle , and the outcome was to the downside. Watch it for overall sentiment in growth pre and post FED.

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