BITCOIN UPDATE 🚨

Yesterday, I highlighted the 161% fib level as a critical resistance zone—and right on cue, we’re seeing a reaction. Here’s what’s next:

1. A bounce off 127%: Sitting around $103,700, this level is showing some support. However, the reaction so far is minor, so I’ll wait for confirmation through a few more 4H closes.

2. A deeper drop into the $101K–$98K zone: This is my Zone of Interest (ZOI). Given today’s volatility and FOMC, expect potential wicks into these levels as liquidity shifts.

The Bigger Picture: With FOMC in focus, markets tend to derisk ahead of major announcements. My base case? A controlled dip into $101,200–$98K, followed by a strong pump if rate cuts materialize. This aligns perfectly with the traditional bullish news playbook—and the technicals agree.

Key Takeaway: If we hold the $101K–$98K range and pump post-FOMC, it could unlock the next leg higher for BTC and trigger renewed momentum for the broader market. For now, stay disciplined—bid around $98K for a safer entry or $101K if you’re feeling more aggressive.

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