Classic movements prior to the FOMC on #Bitcoin. Slight rally upwards, immediate sell-off as markets continue to go risk-off. No flip of the bullish structure, yet, meaning, that…
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Classic movements prior to the FOMC on #Bitcoin. Slight rally upwards, immediate sell-off as markets continue to go risk-off. No flip of the bullish structure, yet, meaning, that there's nothing to …
Classic movements prior to the FOMC on #Bitcoin. Slight rally upwards, immediate sell-off as markets continue to go risk-off. No flip of the bullish structure, yet, meaning, that there's nothing to cheer about and we'll proceed by chopping around. What am I looking at on the lower timeframes? I'm monitoring whether we are going to be holding the $80,000 level for support tonight. If that fails, we'll go towards the marked area for potential deeper corrections. If it does, and it flips back above this area (most likely $81,000), I'm turning bullish and we can cheer on for the next quarter.
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