🚨 Market Update - 👀
Bitcoin has filled the CME gap above $97k, which means we now have 4hr acceptance above 2 key levels- $95.1k (Monday High) and $95.8k (Prev Month High.) We have FOMC this evening so no rush to enter positions. It is expected the rates will remain unchanged, so the press conference from Jerome Powell afterwards will likely be the most volatile period.
Any retest of the $95.5k / $95k (previous range highs) and we are looking for a stronger reaction than we saw earlier in the week. $97.2k is 4 hour resistance for now, but any acceptance above this and we could see a push towards $100k again.
#PectraUpgrade #BTC #CryptoDawar #MostRecentTrade #FOMCMeeting