Bitcoin Bears Still in Charge? This Week Is Pivotal

All eyes on Wednesday! The FED interest rate decision and FOMC press conference are coming up, and the market’s waiting to hear what Jerome Powell has to say. Big week ahead.

Now, Let’s Talk Bitcoin:

BTCUSD – Weekly Outlook

As mentioned in my last update, we were watching the $98K zone as a crucial resistance—and yes, price got rejected there. It’s a textbook weekly lower high setup, and the bears are defending it hard.

But here’s the key: as long as BTC holds above $90K, I still like the chart. That’s the zone where BTC broke out, reclaimed range, and it remains a strong base for bulls.

BTCUSD – Daily Chart

We tapped into a daily supply zone and saw rejection. Still, structure holds bullish. A dip into the $89K–$91K zone pre/post-FOMC? That could be the buy opportunity of the week.

Why? Because that zone is critical support on both the daily and weekly.

BTCUSD – 4H View

We saw a fake-out above the key zone. Now I want to see if price can sweep the lows while staying under that $96K area. If it does, and we get a sharp flush, that’s where I’ll start paying serious attention.

Bottom Line:

Bulls are still alive as long as $89K–$90K holds

Looking for a possible liquidity grab before the next leg

Not in a trade right now, but watching closely

Buy zones likely around dips into key weekly/daily support

Your take? Bullish or Bearish heading into FOMC? Drop your thoughts below.