Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger

Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macroeconomic cues.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Long-awaited Fed action set to come this week

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it again came close to testing $38,000 support during Sunday.

The pair had seen a quiet end to the week on Wall Street. The weekend proving similarly calm as the status quo both within and…


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