#BTC #fomc
🚨 Bitcoin Update – FOMC Meeting Ahead 🚨
The FOMC meeting tomorrow is expected to keep interest rates unchanged at 4.50%, which could have a bearish impact on risk assets like Bitcoin.
📉 Current Market Analysis:
Bitcoin is rejecting key 4H resistance (~$84,000 - $86,000), increasing the likelihood of a retest towards support before bouncing.
BTC Price: $82,293 (-2.68%)
24H Range: $81,134 - $84,594
Money Flow: Large BTC outflows suggest short-term selling pressure.
📌 Key Support Levels:
🟢 $81,400 - $81,100 (First support)
🟢 $78,700 - $78,300 (Stronger support)
📌 Trading Plan:
🔹 Avoid trading during FOMC volatility.
🔹 If BTC revisits key support levels, it could be a buying opportunity for a bounce.
🔹 Keep an eye on market reactions post-FOMC for confirmation of direction.
📊 What’s Next?
A rate pause is already priced in, but any hawkish tone could extend the downside move. Stay cautious and manage risk accordingly!