🌞 TRADERS! 🌞
Bitcoin has faced resistance at $70K and has pulled back to $65K amid increased selling pressure. Tomorrow's Federal Reserve announcement at 9 PM could bring high volatility to the market.
The FED is likely to keep interest rates unchanged, but there are rumors of a potential rate cut in September. This could create significant market movements toward the end of August or early September.
A rate cut might ignite a major rally, so stay attentive to market developments as we approach this pivotal time.Wishing you a successful and profitable day ahead! 💸📈