Hello Everyone đ€
Today is the day where no technical Analysis works but we roughly predict the market situation.
Currently BTC is above 20,50 and 200EMA of 4Hour timeframe but is showing weakness because of FOMC meeting and rate cut.
Bulls need to work hard to move BTC above 60k and closing daily above this sending us toward 61800 huge resistance .
breaking support of 58800 send us toward 56 to 55k level.
In my analysis today Rate cut will be 25% and market will pump a bit and we might see huge dump.Secondly on daily timeframe BTC form a double top type pattern and if it confirm then we can see 53k range .
So Don't use leverage trading today and use stoploss.
