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BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash -Breaking

May 4, 2022May 4, 2022 by Mike Robinson

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BTC price gains 4% pre-Fed as MicroStrategy vows to protect Bitcoin from $21K crash

BTC Price Gains 4% Pre-Fed As MicroStrategy Proclaims To Protect Bitcoin From $21K Crash

(BTC) saw classic “choppy” price action on May 4 with hours to go before fresh Federal Reserve cues.

1-hour candle chart (Bitstamp). TradingView

From Cointelegraph Markets ProAnd TradingViewFollowing BTC/USD, it oscillated between support and opposition after reaching $37600 in the evening on May 3.

Annotated chart of BTC/USD Source: Rekt Capital/ Twitter (NYSE:)