BTC a BUY after FOMC selloff The recent price action shows bitcoin has hit a key resistance around 95,500 but faced a strong sell-off, now hovering near 95,300. support is forming around 92,000. volume has been moderate, suggesting indecision.
The market structure hints at a potential retracement, but a bounce off support could set up for another test of that resistance. keep an eye on the 92,000 level; a hold there could lead to a rally. i’d rate this a cautious buy for those willing to ride the volatility. stay grounded, it’s a wild ride.