🛑🛑🛑BTC Urgent urgent update very urgent🛑🛑🛑
1️⃣ BTC failed to rise after the reason goes back to the 63400 area, which was the most important area for BTC after the 63600 area. It failed to retest the rise in the 62700 area and also failed in the 61900 area so that it was not able to penetrate again 62200, and this thing had a strong effect Also, ETH failed to rise because it was negative before BTC and did not close above the 2974 area, which was important for the 4H candle. Also, ETH’s decline began before BTC, and with BTC’s decline, it was damaged more than necessary, and now it has reached areas that I expected several days ago, such as 2875 and others.
2️⃣ The most important reason for the failure of the BTC rise is the 63500 and 63400 areas, the same previous area for BTC that could not penetrate and returned to decline. Do not forget the rise in the dollar domain. This is very negative for BTC and alternative currencies as well. The liquidity that returned to areas very close to the support area of 2.177 and jumped to 2.195 is very good, but It is still negative on ETH if it does not return to the 2909 area, and above that, BTC must penetrate the 62,200 area, which is very important for BTC, and do not forget that my chart was in a difficult area to rise from, obviously BTC may take some time to rise, but any drop currently to 60,800 and below it is negative for BTC with a break in the trend means it is difficult to return. We have only one possibility of breaking 62200 only now, otherwise we must wait
3️⃣ FOMC is the first reason for BTC's rise and the reason for its decline on the same day. Was the FOMC news negative? Of course not, but it was for the gold Crypto party. The news is still positive. However, we expect BTC to return again because of the positive of this news, but the negative is Powell admitting political interference in his decisions and because of this, manipulation will also occur.
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