Message: Creation of dynamic property CI_URI::$config is deprecated
Filename: core/URI.php
Line Number: 101
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Router::$uri is deprecated
Filename: core/Router.php
Line Number: 127
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$benchmark is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$hooks is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$config is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$log is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$utf8 is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$uri is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$exceptions is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$router is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$output is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$security is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$input is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$lang is deprecated
Filename: core/Controller.php
Line Number: 82
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$db is deprecated
Filename: core/Loader.php
Line Number: 396
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_DB_mysqli_driver::$failover is deprecated
Filename: database/DB_driver.php
Line Number: 371
A PHP Error was encountered
Severity: 8192
Message: Return type of CI_Session_files_driver::open($save_path, $name) should either be compatible with SessionHandlerInterface::open(string $path, string $name): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 132
A PHP Error was encountered
Severity: 8192
Message: Return type of CI_Session_files_driver::close() should either be compatible with SessionHandlerInterface::close(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 294
A PHP Error was encountered
Severity: 8192
Message: Return type of CI_Session_files_driver::read($session_id) should either be compatible with SessionHandlerInterface::read(string $id): string|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 168
A PHP Error was encountered
Severity: 8192
Message: Return type of CI_Session_files_driver::write($session_id, $session_data) should either be compatible with SessionHandlerInterface::write(string $id, string $data): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 237
A PHP Error was encountered
Severity: 8192
Message: Return type of CI_Session_files_driver::destroy($session_id) should either be compatible with SessionHandlerInterface::destroy(string $id): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 317
A PHP Error was encountered
Severity: 8192
Message: Return type of CI_Session_files_driver::gc($maxlifetime) should either be compatible with SessionHandlerInterface::gc(int $max_lifetime): int|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 358
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$session is deprecated
Filename: core/Loader.php
Line Number: 1283
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$data is deprecated
Filename: core/MY_Controller.php
Line Number: 17
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Cache::$dummy is deprecated
Filename: libraries/Driver.php
Line Number: 188
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$cache is deprecated
Filename: core/Loader.php
Line Number: 1283
A PHP Error was encountered
Severity: 8192
Message: mysqli::real_escape_string(): Passing null to parameter #1 ($string) of type string is deprecated
Filename: mysqli/mysqli_driver.php
Line Number: 392
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$m_db is deprecated
Filename: core/Loader.php
Line Number: 358
A PHP Error was encountered
Severity: 8192
Message: mysqli::real_escape_string(): Passing null to parameter #1 ($string) of type string is deprecated
Filename: mysqli/mysqli_driver.php
Line Number: 392
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$form_validation is deprecated
Filename: core/Loader.php
Line Number: 1283
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property Blog::$agent is deprecated
Filename: core/Loader.php
Line Number: 1283
A PHP Error was encountered
Severity: 8192
Message: mysqli::real_escape_string(): Passing null to parameter #1 ($string) of type string is deprecated
Filename: mysqli/mysqli_driver.php
Line Number: 392
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$load is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$benchmark is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$hooks is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$config is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$log is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$utf8 is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$uri is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$exceptions is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$router is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$output is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$security is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$input is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$lang is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$db is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$session is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$data is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$cache is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$m_db is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$form_validation is deprecated
Filename: core/Loader.php
Line Number: 931
A PHP Error was encountered
Severity: 8192
Message: Creation of dynamic property CI_Loader::$agent is deprecated
The $116k resistance presents a hurdle to traders despite bullish price action.
BTC is still trading below the $116k resistance
The crypto market opened the new week bearish but is now on its path to recovery as Bitcoin and other major cryptocurrencies are recording gains. Bitcoin dropped to the $114k level on Monday, with altcoins recording bigger losses.
However, BTC has slightly recovered and is now trading above $115k, with the $116k resistance still in play. The stagnated price action comes ahead of a crucial FOMC meeting tomorrow.
Analysts are expecting a rate cut of at least 25 basis points, with some predicting a 50 basis point cut. Polymarket odds of this cut have jumped to over 90%, while the CME Fed Monitor tool has the probability at 95%. A Fed rate cut will favour cryptocurrencies such as Bitcoin, with the leading cryptocurrency likely to target its all-time high price once again.
BTC eyes $120k ahead of FOMC
The BTC/USD 4-hour chart remains bullish and efficient despite Monday’s dip. The technical indicators have improved over the last few hours, with all eyes now on tomorrow’s expected Fed rate cut.
The RSI of 55 shows that buyers are still in control, with the MACD lines also within the bullish territory. If the $116k resistance level is surpassed, BTC could quickly rally towards the $120k psychological level over the next few hours or days. An extended bullish run would allow it to target the all-time high price above $125k.
However, failure to surpass the $116k resistance level could see BTC face further correction to the downside. This could see the cryptocurrency retest the TLQ and support level at $113,479. This support level will likely hold as the next support level is around $110.
The post Bitcoin price prediction: BTC recovers above $115k as $116k resistance holds appeared first on CoinJournal.