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CRYPTO MECHANIC
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Ho caricato completamente le mie borse SPOT adesso. Sono necessarie preghiere 😃

Ho caricato completamente le mie borse SPOT adesso.

Sono necessarie preghiere 😃

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I gave you an early warning that many traders will start betting on a rate cut and Powell gave them zero hope. I hope you're safe from this market uncertainty. $BTC
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#Bitcoin is in a range of daily and weekly time-frames. We had a fakeout on the daily chart, That is when i called the move down on Monday and then we had range lows fakeout yesterday and price bounced. But technically its still in the same old range. (See the first chart) Bitcoin weekly chart: See the second picture, Also in a range but wider than the daily range. Unless the price is within the range many people will lose money and will flip-flop their bias. What's the best way to trade in this situation ? If you're not enough is judging the traps/fake outs. You should just avoid this chop. Or if you're good at it, Range lows fakeout/trap and range high fakeout/trap provides a best trade setup during these conditions . Nothing In between. Good luck & Stay safe
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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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