$BTC

#Bitcoin Chart Analysis

There are no changes compared to the three scenarios I mentioned yesterday:

1. A correction is still possible, and if the price falls below $99,000, the depth of the #correction could be significant.

2. It is confirmed that two #impulse waves have formed. As such, I believe trading long positions within the green line would be a good strategy.

3. The third scenario also shows two #impulse waves, with the assumption that the price will not fall below $101,550. However, if it drops below $103,000, this third scenario will be invalidated.

Both bullish and bearish perspectives are present today. Additionally, considering the #FOMC meeting is taking place, it’s worth factoring that into your analysis.

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