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Large Bitcoin Orders Recede Ahead of Federal Open Market Committee Meeting

Some earlier plans to buy, reduce holdings or buy back in have been canceled. A smaller group continues adding positions and setting exit levels.

By Enna Lee
Published
Mentioned assets
A few gold tokens remain in a brushed steel tray / TokenPost.ai
A few gold tokens remain in a brushed steel tray / TokenPost.ai

Large Bitcoin (BTC) orders have receded ahead of the Federal Open Market Committee (FOMC), as some earlier trading plans are canceled and a smaller group continues adding positions.

Some earlier plans to buy, reduce holdings or buy back in have been canceled. A few accounts are still adding to positions and setting profit-taking and stop-loss levels for holdings already in place.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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