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CRYPTO MECHANIC
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As long as it holds above that lower high break. $BTC is bullish
As long as it holds above that lower high break.
$BTC
is bullish
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FED #FOMC conference and Interest rate decision will be released in 4 hours. in my opinion it's going to be an important conference because many are expecting a rate cut today or at least expecting the Powell to talk about rate cut month. After Cpi data is released many traders will start betting on a rate cut. This period will be highly volatile. STAY SAFE
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US inflation (CPI) Data will be released in 1 hour and 10 minutes. expect some volatility during this period. They are expecting inflation to be reduced /lower than the last month based on this forecast.
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We nailed the whole $BTC move.
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What's your $BTC Price target ?
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$BTC Update Hit the target shared in my yesterday post. Crucial level it is now for bulls. If you shorted it yesterday, think it's the right place to take some profits and also if you're thinking to short it now. it's not the right place to do so. Let's see where today's candle closes, I will make another update tomorrow .
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