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Yesterday during the New York session, the price updated an all-time high, reaching 108k per 1 bitcoin.
There was a sweep on the 4-hour timeframe followed by selling, which showed a sign of weakness and formed a 4-hour FVG.
It is desirable to see a fresh 4-hour imbalance fill and then decline to test the 4-hour manipulation that previously captured
liquidity.
If a sign of strength emerges from the zone of interest, there is a high probability of price entering a new ATH on the senior timeframe.
Today's volatility due to the Fed meeting and Powell's speech will allow for a more accurate analysis of BTC a little later.
$BTC
Yesterday during the New York session, the price updated an all-time high, reaching 108k per 1 bitcoin.
There was a sweep on the 4-hour timeframe followed by selling, which showed a sign of weakness and formed a 4-hour FVG.
It is desirable to see a fresh 4-hour imbalance fill and then decline to test the 4-hour manipulation that previously captured
liquidity.
If a sign of strength emerges from the zone of interest, there is a high probability of price entering a new ATH on the senior timeframe.
Today's volatility due to the Fed meeting and Powell's speech will allow for a more accurate analysis of BTC a little later.
$BTC