Higher possibility is that it will go down to 88000 after FO | Crypto my profession on Binance Square

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Crypto my profession

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Higher possibility is that it will go down to 88000 after FOMC . Do Btc short trade at 97600 or 98500 using stop loss around 100800

Milford Maynor NFGd

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Hello brother , what do u think about today near FOMC?

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BTC

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33

0

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Enjoy #BTC signal . Resistance: 97800-99700 Supports : 92800-88000

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After FOMC market may show some volatility. First it may rise to 98500 or 99700 than it will drop to 93000 or 86000 soon . But if it cross 99700 than it next target will be 105000.

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Use stop loss where I have mentioned

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80% there is a chance it will be down

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Bitcoin's current price is 97700, with a 0.36% increase in the last 24 hours. Here's a brief analysis : - Resistance Levels:Bitcoin is facing resistance between 98000-99000 . - Support Levels:Key support lies at 93500 and 88,000, where buyers might step in to prevent further declines. - Market Sentiment:The Relative Strength Index (RSI) is slightly above 50, indicating a neutral to bullish sentiment. The Moving Average Convergence/Divergence (MACD) is near a bullish crossover. - Future Outlook:Analysts predict a potential breakout above 98,000, with targets at 102,000 and 105,000 in the bullish scenario. However, failure to break above 96,000 could lead to a correction toward 83,000 or lower. Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These analysis and predictions are based on technical indicators and may not reflect the actual market performance.$BTC

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