Bitcoin wants $28,000 as support while Deutsche Bank riles TradFi sentiment.
The pair was attempting to cement support after athe day prior erased panic on the back of the latest United States economic policy moves.
The Federal Reserve hiked baseline interest rates by 0.25% on March 23, this along with mixed comments from Chair Jerome Powell serving to unsettle risk assets amid a lack of clear trajectory.Bitcoin thus showed indecision on the day, with analysts equally split over where BTC price action could head next.
“Typical seeing some panic on that dip, but unless we start to see a shift in market structure, Lower lows and lower highs, then we have nothing to worry about from a bullish perspective,” an optimistic Crypto Tony
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