🧠 Summary:
Bitcoin (
BTCUSD) has moved up to the upper part of the resistance zone I highlighted in my previous analysis. That analysis still holds—I’m still expecting BTC to start pulling back from here.
🔍 Key Levels:
- Resistance zone: $94 000 - $98 000
- Support zone: $86 000 - $83 000
- Major Support zone: $72 000 - $68 000
📅 Upcoming Events:
Wednesday:
FOMC & Fed rate decision – No rate cuts expected at this time.
Thursday:
Initial Jobless Claims – Est. 234K
📊 Macro & Fed Context:
Last week’s data came in softer than expected, sparking a brief market rally. However, that data was released before the new tariffs. Tomorrow (Wednesday) is the FOMC meeting—while Trump is pushing for rate cuts, I don’t expect Powell to move yet.
The Fed is likely waiting for post-tariff economic data before making any decisions. The data in the coming months will provide a clearer picture and help guide future rate cuts more effectively.
📈 Technical Outlook:
BTC is retracing and showing signs of weakness at the current high, which I believe will serve as a local top. It’s possible we retest the $98.8K–$99K range again, but I expect that to be the absolute ceiling.
🧭 Trading Plan (Not Financial Advice):
I’m entering a short position here with an average entry around $96K.
Bitcoin (
BTCUSD) has moved up to the upper part of the resistance zone I highlighted in my previous analysis. That analysis still holds—I’m still expecting BTC to start pulling back from here.🔍 Key Levels:
- Resistance zone: $94 000 - $98 000
- Support zone: $86 000 - $83 000
- Major Support zone: $72 000 - $68 000
📅 Upcoming Events:
Wednesday:
FOMC & Fed rate decision – No rate cuts expected at this time.
Thursday:
Initial Jobless Claims – Est. 234K
📊 Macro & Fed Context:
Last week’s data came in softer than expected, sparking a brief market rally. However, that data was released before the new tariffs. Tomorrow (Wednesday) is the FOMC meeting—while Trump is pushing for rate cuts, I don’t expect Powell to move yet.
The Fed is likely waiting for post-tariff economic data before making any decisions. The data in the coming months will provide a clearer picture and help guide future rate cuts more effectively.
📈 Technical Outlook:
BTC is retracing and showing signs of weakness at the current high, which I believe will serve as a local top. It’s possible we retest the $98.8K–$99K range again, but I expect that to be the absolute ceiling.
🧭 Trading Plan (Not Financial Advice):
I’m entering a short position here with an average entry around $96K.
💻 Learn more at yungzkittlez.com/ — Free trading education, market updates, and tools to help you trade smarter.
No fluff. Just real strategies from 5+ years in the game. 🌴
No fluff. Just real strategies from 5+ years in the game. 🌴
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
💻 Learn more at yungzkittlez.com/ — Free trading education, market updates, and tools to help you trade smarter.
No fluff. Just real strategies from 5+ years in the game. 🌴
No fluff. Just real strategies from 5+ years in the game. 🌴
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.