- Bitcoin price could make a 12% drop to the weekly imbalance zone before reclaiming its ATH.
- Ethereum price likely to drop 10% before ETH becomes attractive for buyers.
- Ripple price could extend the fall with a bearish divergence in play, amid a hidden continuation pattern.
- Volatility has increased in the market ahead of Fed interest rate decision.
Bitcoin (BTC) price slipped below the $65,000 threshold on Tuesday, bringing down with it Ethereum (ETH) price as well as Ripple (XRP) price. Volatility levels have also increased, as markets await Wednesday Federal Open Market Committee (FOMC) policy meeting.
Nevertheless, with expectations of an interest rate pause, and further interest rate hikes off the table, crypto market participants have reason to expect a rally in Bitcoin and altcoins. A pause would hint at the Fed taking a more accommodative stance toward the economy, potentially leading to…
