BTCUSDT | What will happen to Bitcoin after the FOMC?
📌 Guys, I want to update the idea before the FOMC so that everyone is ready again for market volatility. So far, we are standing still, but the panic continues before the important events of September 21.
▫️ Speaking from the technical side, now the local support of $19000-19550 is fixing again, if the support can be held, then we can again see the growth of $20.000-20.600 to the local resistance.
▫️ Speaking from the fundamental side, the fear is still observed, most are afraid to see 1% of the FOMC creating panic in the market. Good result for the markets now 0.5-0.75 bp
🚨Well, if the expectations of the majority are clear (1%), then most likely we will see a downward movement below $18.200, although they say that 1% is already invested in the market, still be prepared for strong volatility!
🗯I opened a small LONG for 5% of the deposit with a short stop of $18.800 if the rocket fires, then I think I’ll fix it at about $20.600, I’ll write on the channel.
▫️ Speaking from the technical side, now the local support of $19000-19550 is fixing again, if the support can be held, then we can again see the growth of $20.000-20.600 to the local resistance.
▫️ Speaking from the fundamental side, the fear is still observed, most are afraid to see 1% of the FOMC creating panic in the market. Good result for the markets now 0.5-0.75 bp
🚨Well, if the expectations of the majority are clear (1%), then most likely we will see a downward movement below $18.200, although they say that 1% is already invested in the market, still be prepared for strong volatility!
🗯I opened a small LONG for 5% of the deposit with a short stop of $18.800 if the rocket fires, then I think I’ll fix it at about $20.600, I’ll write on the channel.
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