BTC is dumping after the weekly close. Currently, we are trading below 19k level. As you can see in the chart, the green zone is a most crucial support for BTC now. It's a do or die situation for bulls. Any daily close below the 18.5k support will be very bad and we might see a drop up to 15k-16k level. However, at the moment we are still holding this support.
On Wednesday, FOMC meeting will be held and the outcome of the meeting will make a huge impact in the market. We need to be prepared for any kind of situation.
We will keep updating you. Stay tuned and stay strong in this bear market.
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