🧠 Summary:
Bitcoin (
BTCUSD) is currently testing a major resistance zone around $95 000 -- this is a strong supply zone from February. We have a lot of macroeconomic data and FOMC meeting coming soon so be prepared for some volatility.
🔍 Key Levels:
- Resistance zone: $94 000 - $98 000
- Support zone: $86 000 - $83 000
- Major Support zone: $72 000 - $68 000
📅 Upcoming Events:
Tuesday (Today):
JOLTS Jobs Openings – est. 7.5M. A beat could signal a still-tight labor market, giving the Fed less room to ease.
Wednesday:
Q1 GDP: Expected at just 0.5% — soft, but likely already priced in.
Core PCE (MoM): Forecasted at 0.1%, which is soft and typically market-friendly, though this excludes post-tariff pressures.
Friday:
Non-Farm Payrolls: est. +130K
Unemployment Rate: Expected to hold at 4.2%
📊 Macro & Fed Context:
It currently seems unlikely that the FED's are going to cut rates this meeting. (see Forbes & USA Today).
📈 Technical Outlook:
With no imminent policy shift from the Fed, Bitcoin may remain rangebound for the next few weeks. A break above
98K would be bullish, but without a catalyst, there’s potential for a pullback — possibly toward the $72K support zone — before resuming upward momentum.
🧭 Trading Plan (Not Financial Advice):
Patience is key here. I’m avoiding FOMO at current levels and waiting for clearer confirmation — whether that’s a breakout above resistance or a retest of major support around $72K.
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💻 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. 🌴
Bitcoin (
BTCUSD) is currently testing a major resistance zone around $95 000 -- this is a strong supply zone from February. We have a lot of macroeconomic data and FOMC meeting coming soon so be prepared for some volatility.🔍 Key Levels:
- Resistance zone: $94 000 - $98 000
- Support zone: $86 000 - $83 000
- Major Support zone: $72 000 - $68 000
📅 Upcoming Events:
Tuesday (Today):
JOLTS Jobs Openings – est. 7.5M. A beat could signal a still-tight labor market, giving the Fed less room to ease.
Wednesday:
Q1 GDP: Expected at just 0.5% — soft, but likely already priced in.
Core PCE (MoM): Forecasted at 0.1%, which is soft and typically market-friendly, though this excludes post-tariff pressures.
Friday:
Non-Farm Payrolls: est. +130K
Unemployment Rate: Expected to hold at 4.2%
📊 Macro & Fed Context:
It currently seems unlikely that the FED's are going to cut rates this meeting. (see Forbes & USA Today).
📈 Technical Outlook:
With no imminent policy shift from the Fed, Bitcoin may remain rangebound for the next few weeks. A break above
98K would be bullish, but without a catalyst, there’s potential for a pullback — possibly toward the $72K support zone — before resuming upward momentum.🧭 Trading Plan (Not Financial Advice):
Patience is key here. I’m avoiding FOMO at current levels and waiting for clearer confirmation — whether that’s a breakout above resistance or a retest of major support around $72K.
---
💻 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. 🌴
💻 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. 🌴
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💻 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. 🌴
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.