BitcoinLong
BTC / USD
What we know:
- FOMC meeting will be volatile paired with earnings releases this week.
- Markets fully expecting 75bps.
- If FOMC tone is neutral and rates do not exceed 75bps, expecting a bullish market sentiment and continuation up to 23.5k after a re-test of wedge breakout.
- If FOMC flips hawkish, a breakdown into the wedge could serve at the last bullet to the bulls and further capitulation expected.
- FOMC meeting will be volatile paired with earnings releases this week.
- Markets fully expecting 75bps.
- If FOMC tone is neutral and rates do not exceed 75bps, expecting a bullish market sentiment and continuation up to 23.5k after a re-test of wedge breakout.
- If FOMC flips hawkish, a breakdown into the wedge could serve at the last bullet to the bulls and further capitulation expected.
History doesn’t repeat itself, but it does travel in cycles.
History doesn’t repeat itself, but it does travel in cycles.
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