After Wall Street opened on March 21st, BTC set a new record for September, with the Fed meeting setting important interest rates that Brooks no delay.

Despite the conventional wisdom of the Fed meeting, the price of Bitcoin is still soaring

Bitcoin against the dollar is close to $28500 on Bitstamp, according to Cointelegraph Markets Pro and TradingView statistics.

This is also a new high for BTC in several months, and the latest BTC market prices come a day before the expected unrest in the sales market.

The Fed meeting will announce an increase in benchmark interest rates on March 22, ending the cycle known as waiting for benefits for risky assets.

"I'm interested in tomorrow's conclusion," wrote Priscilla L van der Pope, a Cointelegraph soft writer and CEO of the founder of the trading company Eight, who updated an article on Twitter.

"the recessive rush to the top and narrowing the gap between the Chicago Mercantile Exchange and the Chicago Mercantile Exchange has put everyone in a desperate situation, creating a bullish contradiction is an idealized concept. Important area: $28700.

Even so, Bitcoin made an interesting move on March 21, with the rise in the dollar index and the overall dominance of the total market value of data encryption.

"the replacement coin is bleeding, while Bitcoin is still sorting out sideways around the high point. This is not the sign you see. Van der Popp warned earlier.

"in the anxiety about tomorrow's FOMC conference, assets have shifted from alternative coins to bitcoins. I will maintain relative reason on the throne. A very obvious opportunity will arise.

Wall Street's subsequent decline after the opening of trading was described by popular trader Crypto Tony as "interesting sales of bitcoin dominance that led to a surge in alternative coins."

This mixed signal reflects the market's view of the Federal Open Market Committee (FOMC) meeting. Most people now expect interest rates to rise by 25%, rather than the suspension of previous support, according to the Chicago Mercantile Exchange's FedWatch tool.

"the whole class" chooses and buys BTC

By comparing the individual behavior of traders, the raw material indicators of online resources are tested on the chain, while revealing a package of purchases in Binance, the world's largest trading center.

BTC/ US dollar order snapshot update shows that before FOMC, large trading volume and small trading volume are both open-ended.

At the time of writing, $28500 and $29000 are the strongest pressure levels, while the important long-term basis for distance futures prices is $27000.