#TrumpTariffs
BITCOIN FUNDAMENTAL UPDATE 🚀
Bitcoin is currently trading around $76,760, under pressure as the market awaits today’s high-impact U.S. events that could shake crypto volatility.
🔹 Current Market Situation
- $BTC remains bearish, hovering near recent lows amid growing uncertainty.
- Traders are cautious ahead of major USD-related updates expected later today.
🔹 Upcoming Key Events
📌 President Trump Speaks
➡️ – Markets will watch for economic commentary; any strong stance could impact risk sentiment.
📌 FOMC Meeting Minutes
➡️ – Fed’s tone on interest rates may move USD sharply—BTC could react with high volatility.
🔹 Technical Outlook
- RSI is nearing oversold territory, but no bullish divergence yet—sellers still dominate.
- BTC is below key moving averages, confirming a short-term bearish structure.
🔹 What to Watch for Today
- Volatility is expected to increase around the FOMC release—prepare for sudden moves.
- If the USD gets stronger after the FOMC news, BTC might drop more—so be ready to act quickly.
- Market may find clearer direction after digesting both events later tonight.
⚠️ Trade cautiously! Today’s fundamental events can trigger massive swings. Let the market reveal its hand before jumping in.
📌 Stay tuned for more BTC updates as the day unfolds! 🚀📊🔥