I don't think the Fed is significantly influencing cryptocurrencies with its decisions right now. Bitcoin has stopped correlating with the dollar.
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TA doesn't work
Think about it before you sleep ☝️ Technical analysis in the crypto market doesn't work at all. I will try to explain why :) Technical analysis is an attempt to predict future prices based on history. In the stock market, these lines that people try to draw on charts work with great difficulty because the stock market has been around for decades and has experienced crashes, surges, black swans, wars, and anything you can think of. Because of this, there is a rough understanding of how and when the market will react to certain events.
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