[09/21] Beast Trading _ Today's Bitcoin Analysis
Bitcoin rose slightly until the morning of the 20th, but it is creeping down again.
16 hours after this time, the FOMC interest rate announcement will be made.
This is an announcement that has a huge impact on the direction of the investment market in the future. Most predict 0.75bp (GiantStep), but if 1bp (UltraStep) is confirmed, the investment market, including NASDAQ and Bitcoin, is likely to fall sharply.
On the contrary, if 0.5bp (Big Step) is confirmed, the investment market, including NASDAQ and Bitcoin, will likely rise significantly.
0.75bp (GiantStep) is originally a negative factor, but it is already predicted, so I think you should respond by looking at "how the investment market reacts."
0.75bp is the most likely, followed by 1bp.
If the presentation at the FOMC acts as a negative factor (precondition), there is a view that is seen as an Elliott wave.
It's a perspective that comes down a little bit strongly.
Since the beginning of the first wave is seen as an impulse, the rise until yesterday morning is strongly lowered to 2nd and 3rd from now on.
If the announcement at the FOMC works as a negative factor, the probability of this view will increase even further.
With an important announcement ahead, let's all be careful!
*Today's analysis shows a stronger tendency to analyze "there is this perspective" than to predict "it will move like this." Please take it as a reference!
Bitcoin rose slightly until the morning of the 20th, but it is creeping down again.
16 hours after this time, the FOMC interest rate announcement will be made.
This is an announcement that has a huge impact on the direction of the investment market in the future. Most predict 0.75bp (GiantStep), but if 1bp (UltraStep) is confirmed, the investment market, including NASDAQ and Bitcoin, is likely to fall sharply.
On the contrary, if 0.5bp (Big Step) is confirmed, the investment market, including NASDAQ and Bitcoin, will likely rise significantly.
0.75bp (GiantStep) is originally a negative factor, but it is already predicted, so I think you should respond by looking at "how the investment market reacts."
0.75bp is the most likely, followed by 1bp.
If the presentation at the FOMC acts as a negative factor (precondition), there is a view that is seen as an Elliott wave.
It's a perspective that comes down a little bit strongly.
Since the beginning of the first wave is seen as an impulse, the rise until yesterday morning is strongly lowered to 2nd and 3rd from now on.
If the announcement at the FOMC works as a negative factor, the probability of this view will increase even further.
With an important announcement ahead, let's all be careful!
*Today's analysis shows a stronger tendency to analyze "there is this perspective" than to predict "it will move like this." Please take it as a reference!
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.
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.