$BTC BTC Price: 94.809 USDT (-0.43% today)
BTC is moving slowly like an uncle walking on a Sunday morning. Bollinger Bands are beginning to tighten, preparing for an explosion.
RSI 52-55: Neither bullish nor bearish, truly… a 'bearish cat'.
MACD slightly negative, scalpers should be cautious.
FED hints at raising interest rates like a crush dropping hints then seen no reply.
The Middle East is calm for now, gold is losing its mood, Bitcoin is confused looking for new momentum.
Wall Street is slightly green, but crypto folks are still restless.
Quick forecast: Exceeding 95.800, prepare for a further rise to 97k.
Breaking below 92.8, heading straight to bus stop 91k without asking for directions.
Trading without stop-loss is like meditating on the trading floor.
Bitcoin hesitates before the FED's new interest rate decision.
Current price: 94.809 USDT | 24h: -0.43%
1-hour frame: BTC is moving sideways, Bollinger Bands are narrowing, forecasting strong volatility in the next 24-48 hours.
US economy: The PCE index (consumer inflation) released this week will be a short-term decisive factor.
FED: Warns of the possibility of tightening monetary policy faster than expected.
Geopolitics: More stability in the Middle East reduces safe-haven demand.
1-hour frame: RSI 52-55, low volume, weak momentum.
Daily frame: Uptrend still maintained, strong support around 91.800 USDT.
Major volatility may occur after today's New York session or before Friday's PCE.
Break above 95.800 => Confirm new upward trend.
Break below 92.800 => Warning of a deep correction.