$BTC (Weekly)
The weekly chart isn’t looking too promising. Rejected from the $59k-60k zone, followed by the lowest closing candle we've seen in a while. 📉
With CPI data dropping this week and the FED’s interest rate decision coming up next week, all eyes are on the market. Rumor has it there could be a potential rate cut between 25 to 50 bps. 👀
As for my strategy? I'm staying cautious on Bitcoin until I see some real strength. Whether that means scooping it up at lower prices or waiting for better market conditions, I’m playing it safe for now.
