Hello everyone)
In a day, Bitcoin lost 7%, which it had been gaining for almost 10 days, but Bitcoin's dominance over Altcoins remained in place after the fall. This means that market participants are evenly selling cryptocurrency in anticipation of the negative of today's "FOMC minute" at 22:00 Moscow time. Let me remind you that in December, the Fed lowered the rate, which should have shed some positivity, but Powell's speech stopped the Christmas Rally.
I expect Bitcoin at $114,000, but only after a correction of $85,000.
The price reversal can be in two areas: 92500$ and 85000$ (I am sure that we will not go below 85000$ ). There is weak support in the first section and I am more inclined to a fall below $90,000, since the liquidity zone begins there, where there are many stops, and a sharp move beyond the low will provoke a large closure of long positions.
The fall over the past day was quite brisk, so we can see a correction below 90000$ tonight.
I do not advise going short yet, you need to trade from a long. High volatility is expected after 15:00 and until tomorrow, observe the risks and green portfolios to everyone)
