🔥 BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50b | Rafi Dawar on Binance Square

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🔥 BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.
#CryptoDawar #BTC #Token2049 #BinanceLaunchpoolHMSTR 

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Market Update - 👀 Bitcoin is still looking good after yesterday's 50bps rate reduction. A strong breakout above $60.5k (Prev Week High) and now BTC is looking for acceptance above $62k. So far $60.5k has not been retested after the 4 hour breakout so keep an eye on this level. The current level of $62k sits in a supply zone, but if this is flipped we are looking at $64k next and then up towards $65.6k (Previous Month High.) #BTC #BITCOIN #CryptoDawar #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI $BTC

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💰 UNI Analysis- 👀 Uniswap has bounced off summer's local low and entered consolidation near the $7.05 resistance zone👀 Watch for price to stay above the ma 100 and the ascending support to continue upward move👨‍💻 Price is likely waiting for the overall market recovery before the main breakout and bull run🚀 #UNI #CryptoDawar #Token2049 #BinanceLaunchpoolCATI #BinanceLaunchpoolHMSTR $UNI

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💰 AVAX Analysis- 👀 Avalanche is consolidating within a symmetrical triangle pattern💁‍♂️ Price facing rejection from both the resistance trendline and the ma 200🔍 A clear breakout is needed to confirm next upward move📈 Watch for potential targets at $25.70, $28.00, and $32.50 if bullish breakout occurs✈️ #AVAX #CryptoDawar #Token2049 #BinanceLaunchpoolHMSTR #BinanceLaunchpoolCATI $AVAX

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🚨 🚨 Market Update - 👀 After a strong move for Bitcoin yesterday, pushing above $61k, the daily candle was unable to reclaim $60.5k (Prev Week High.) This is major daily resistance for now. However, BTC did break the zone of $59.1k - $59.6k where we have the Monday High, Daily EMA200 and DM VAH. This is an area we would be looking to hold on a retest, but we must remember that we have FOMC today. This is the most important meeting of the year, and the outcome is more undecided than usual. This is very likely to lead to wild volatility with support/ resistance levels broken. It is key that we trade extra safe today. #HotTrends #BTC #BITCOIN #CryptoDawar #Token2049 $BTC

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