Ladies and gentlemen fasten your seat belts we are going to takeoff🚀🚀
Big bull is coming.💸💸🔥🔥
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#Bitcoin (Weekly)
💸🚀Most exciting FOMC meeting of the year and the chart of $BTC looks like this.
Descending broadening wedge for 6 months.
In the past, these patterns have ALWAYS been bullish.
RSI is a leading indicator and has already broken out of the downtrend.
At best, the weekly candle closes above 60k - this would confirm the downtrend breakout in the RSI.
FOMC today will be volatile. Cautious with leverage guys.⚠️
FED Rate Cut Today: Here’s What We can Expect 🔥
1. Instant Pump: The market reacts quickly with a surge.
2. Profit Taking: Short-term holders and retail traders sell, causing a brief dump.
3. Sell the News: We see a dip as people sell on the event, leading to accumulation.
4. Market Clean-up: After some boredom and loss of hope, the market gets clean and pumps non-stop.
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#USRetailSalesRise #FOMC #FedRateCut #FOMC_Decision #JeromePowell 