📌 Current Price$BTC (BTC/USDT on Binance):
≈ $57,680 (Live range: $57,200 – $58,200)
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🧠 Market Summary (Today):
Jerome Powell kept interest rates unchanged—market expected it.
Bitcoin dropped right after the speech → traders expected dovish guidance, but Powell stayed cautious.
No clear pivot date, so investors remain nervous.
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📊 Today’s Technical Snapshot (1H / 4H):
Trend: Still short-term bearish
Support Zones:
Minor: $57,200
Strong: $56,500
Resistance Zones:
Short-term: $58,400
Major: $59,000 – $59,800
RSI (1H): Around 35 → Slightly oversold
MACD: Slight bullish divergence forming (possible short bounce)
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🧠 Powell’s Pause = Cautious Optimism?
Fed isn’t cutting soon = bearish for high-risk assets short-term
But pause means tightening is likely over = good mid-term outlook
Altcoins and BTC both under pressure until inflation/cuts are confirmed
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📉 Scenarios for Next 24–48 Hours:
Scenario Conditions Probability
🟨 Sideways Chop BTC ranges $56.5K–$58.5K ⭐⭐⭐⭐
🟥 Bear Break Falls below $56.5K → targets $53.8K ⭐⭐⭐
🟩 Bullish Bounce Breaks $59.2K → heads to $61K ⭐⭐
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📈 Trading Plan (Short-Term):
Buy Zone (Spot/DCA): $56.5K–$57.5K
TP (Take Profit): $59.5K / $61K
SL (Stop Loss): Below $55,900
Risk Level: ⚠️ Moderate-High due to macro pressure
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🔁 Trend Direction:
Short-Term: Bearish to neutral
Mid-Term: Accumulation Zone forming
Long-Term: Bullish if $53K holds over August
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