Somehow the alert was missed - on the 30-minute TF, the BTC price also returned to a stable uptrend. With a very tight set of targets up to $79,072.
On the 15-minute TF, the basic targets have been reached, the chart is approaching the additional ones. Until the new ATH - less than $150.
Buyers continue to dominate and the probability of rewriting the ATH again is growing. The only thing that confuses is the US Federal Reserve meeting in an hour and a half. The expectation of a 0.25% rate cut with a virtually absolute (99.1%) consensus forecast is already priced into the market.
A downward reversal based on the Fed's decision and Powell's statements is not a fantastic option. This has happened more than once. BUT for now, we can only talk with certainty about increased volatility in these events.
We would not bet on the price going down without confirmation of buyers' weakness, transition to a stable downtrend at least on the 15-minute TF. The bears have liquidated $228 million in 24 hours, and the figure for today may grow significantly.
