{"id":16095,"date":"2024-03-21T10:15:16","date_gmt":"2024-03-21T10:15:16","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=16095"},"modified":"2024-03-21T09:08:36","modified_gmt":"2024-03-21T09:08:36","slug":"what-happened-to-bitcoin-after-feds-desicion","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/","title":{"rendered":"What Happened to Bitcoin after Fed’s Desicion"},"content":{"rendered":"

The Fed<\/a>\u00a0interest rate decision, which was announced yesterday evening, was the expected decision without surprising the market. The Fed left interest rates unchanged and chairman Jerome Powell made statements after the interest rate decision. Bitcoin rose up to 68 thousand dollars after the interest rate decision. What will be the direction in Bitcoin? Which scenario awaits us in Bitcoin?<\/p>\n

Bitcoin Price Analysis:<\/strong><\/p>\n

While the cryptocurrency sector was in a correction period, the Fed’s interest rate decision was one of the directional factors. However, as expected, the Fed left interest rates unchanged in the 5-5.25 range. However, the reaction in Bitcoin<\/a> was bullish. Bitcoin rose up to 68 thousand dollars last night after the decision was announced.<\/p>\n

\"\"<\/p>\n

Bitcoin’s reaction to the Fed interest rate decision painted a positive outlook for the market. While BTC closed the night at 68 thousand dollars, it is currently trading at 67 thousand levels. While the support level in Bitcoin appears at 65 thousand dollars, the resistance level is 68700 dollars.<\/p>\n

Fed chairman Jerome Powell announced in the evening that interest rates have reached their peak and that there will be no further interest rate hikes. However, he added that the Fed is far from its targets, but the data is encouraging.<\/p>\n

\n
\n
\n
\n
\n
\n
\n
\n
\n

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don\u2019t forget to follow us on\u00a0Telegram<\/strong><\/a>,\u00a0YouTube<\/strong><\/a>\u00a0and\u00a0Twitter<\/strong><\/a> for the latest news and updates.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The Fed\u00a0interest rate decision, which was announced yesterday evening, was the expected decision without surprising the market. The Fed left interest rates unchanged and chairman Jerome Powell made statements after the interest rate decision. Bitcoin rose up to 68 thousand dollars after the interest rate decision. What will be the direction in Bitcoin? Which scenario<\/p>\n","protected":false},"author":6,"featured_media":15989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,1766,640,5077],"class_list":["post-16095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-btc","tag-fed","tag-fed-interests-rate"],"yoast_head":"\nWhat Happened to Bitcoin after Fed's Desicion - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The Fed's interest rate decision, which was announced yesterday evening, was the expected decision. What will happen on Bitcoin?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Happened to Bitcoin after Fed's Desicion - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The Fed's interest rate decision, which was announced yesterday evening, was the expected decision. What will happen on Bitcoin?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-21T10:15:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-21T09:08:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/tempory-52.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"432\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/\",\"name\":\"What Happened to Bitcoin after Fed's Desicion - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/tempory-52.webp\",\"datePublished\":\"2024-03-21T10:15:16+00:00\",\"dateModified\":\"2024-03-21T09:08:36+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"description\":\"The Fed's interest rate decision, which was announced yesterday evening, was the expected decision. What will happen on Bitcoin?\",\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/tempory-52.webp\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/tempory-52.webp\",\"width\":768,\"height\":432,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Happened to Bitcoin after Fed’s Desicion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What Happened to Bitcoin after Fed's Desicion - Coin Engineer","description":"The Fed's interest rate decision, which was announced yesterday evening, was the expected decision. What will happen on Bitcoin?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/","og_locale":"en_US","og_type":"article","og_title":"What Happened to Bitcoin after Fed's Desicion - Coin Engineer","og_description":"The Fed's interest rate decision, which was announced yesterday evening, was the expected decision. What will happen on Bitcoin?","og_url":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/","og_site_name":"Coin Engineer","article_published_time":"2024-03-21T10:15:16+00:00","article_modified_time":"2024-03-21T09:08:36+00:00","og_image":[{"width":768,"height":432,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/tempory-52.webp","type":"image\/webp"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/","url":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/","name":"What Happened to Bitcoin after Fed's Desicion - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/tempory-52.webp","datePublished":"2024-03-21T10:15:16+00:00","dateModified":"2024-03-21T09:08:36+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"description":"The Fed's interest rate decision, which was announced yesterday evening, was the expected decision. What will happen on Bitcoin?","breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/tempory-52.webp","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/03\/tempory-52.webp","width":768,"height":432,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/what-happened-to-bitcoin-after-feds-desicion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"What Happened to Bitcoin after Fed’s Desicion"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/16095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=16095"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/16095\/revisions"}],"predecessor-version":[{"id":16097,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/16095\/revisions\/16097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/15989"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=16095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=16095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=16095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}