The FED interest rate decision and FOMC conference are set for this Wednesday. As always, the market will be watching closely to see what Powell has to say. Volatility is expected — so buckle up!
🔎 Let’s Talk $BTC
🗓️ Weekly Chart
As I mentioned in my last update, we're at a potential weekly lower high zone. This area is critical — it’s the last stand for the bears, and they’ve defended it well so far. Price got rejected around the $98K zone and remains below that key resistance.
👉 As long as $BTC
holds above $90K, the weekly structure remains intact. This level is significant — it's where Bitcoin broke and reclaimed the range. So, I’m still looking for buy opportunities on lower timeframes while we hold above this zone.
📈 Daily Chart
$BTC got rejected from the daily supply zone, but overall, structure remains bullish.
A dip into the $89K–$91K area (especially around the FOMC event) could be a solid buy opportunity — this is a key zone for bulls on both the daily and weekly charts.
⏱️ 4-Hour Chart
Price faked out near $96K, and I’d prefer to see it take out some lows — ideally a sharp dip to liquidate late longs. As long as we stay under that fake-out zone, I’m patiently watching.
Summary:
✔️ Bulls are still fine as long as BTC holds above $89K–$90K.
✔️ No active trades right now — waiting for a cleaner setup after possible liquidations.
✔️ Watching FOMC closely for volatility spikes.
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📊 Screenshot of your BTCUSD weekly chart with $90K–$98K zones marked.
📉 Daily chart showing the supply zone and your buy zone ($89K–$91K).
🔔 An attention-grabbing crypto news graphic about the upcoming FOMC decision.