Let's break down $BTC 💰
📈On #BTC since morning we saw a spill down to the global support level around $56600, where we are now. It is very important to see the reaction to this price level now. In case we break it, we do not rule out a hike all the way to $55000. If we push off from it and get a reaction, then it's a chance to start rising.
📰We would like to note that the #fomc will be meeting today to decide on the fund rate. In case it will not be changed, it will be favorable for crypto and in turn it will have a positive impact on btc, so we can see the month of May strongly longing.