Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000, ETH Eyes $3,000 as Fed Meeting Looms (Bitcoin.com News)

Originally published at: https://www.channel-sea.cc/bitcoin-ethereum-technical-analysis-btc-back-above-40000-eth-eyes-3000-as-fed-meeting-looms-bitcoin-com-news/

Following days of consolidation, bitcoin rallied above $40,000 on Tuesday, which comes as markets prepare for today’s Fed meeting. ETH also climbed, moving away from its recent support point in the process. Bitcoin BTC finally broke out of its recent streak of price consolidation on Tuesday, as the world’s largest cryptocurrency climbed to almost a…