Bitcoin price levels to watch as Fed rate cut hopes fade

Bitcoin’s (BTC) price failed another attempt at breaking above resistance at $86,000 on April 16 as  Fed Chair Jerome Powell dashed hopes of early rate cuts, citing the impact of Trump’s tariffs. Since April 9, BTC price has formed daily candle highs between $75,000 and $86,400, but has been unable to produce a close above $86,000. BTC/USD daily chart source: https://cointelegraph.com/news/bitcoin-price-levels-to-watch-fed-rate-cut-hopes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound