Bitcoin, Altcoins Pullback Ahead Of FOMC But Chart Fundamentals Are Strong
Key points: Buyers are struggling to sustain the BTC rebound, suggesting bears are attempting a comeback. Several major altcoins risk breaking below their support levels, signaling a deeper short-term pullback. Bitcoin (BTC) rallied above $77,900 on Wednesday, but the long wick on the candlestick shows selling on rallies. On-chain analyst Willy Woo said in a…