ORDI 1d 👀 $ORDI #SOFR_Spike | CryptoMatrixx on Binance Square

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Bullish

ORDI  1d 👀 $ORDI 
#SOFR_Spike 

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#Bitcoin BTC is still trading within a descending broadening wedge pattern. The price is consolidating near the upper resistance line, a breakout could lead to a massive upside rally. The technical target for this pattern is $95,700.

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It's scheduled for today The Federal Reserve most likely won’t lower interest rates on Wednesday, but it could tee up a September cut—or pour cold water on the market’s hopes. The Fed’s policy-making body will publish a statement and interest-rate decision at 2 p.m. ET today. Fed Chair Jerome Powell will deliver remarks and answer questions at a news conference beginning at 2:30 p.m.

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We just got this positive news. That's why I got out of the trade because markets could hold these prices with this news.

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If #Bitcoin breaks this support, we are fk... $BTC

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