BTC Short-Term Investment Strategy Ahead of May 7 FOMC Announcement

Description:

As the crypto market anticipates the U.S. Federal Reserve’s interest rate decision on May 7, Bitcoin is showing strong bullish sentiment. Here’s a smart, short-term trading strategy for those looking to capitalize on this critical moment:

---

1. Current Trend:

Bitcoin is hovering around $95,000–$96,500, with a bullish market tone ahead of the FOMC. RSI is near 68, indicating high momentum but still room for upward movement.

---

2. Two Trading Ideas:

A. Breakout Strategy (If BTC breaks above resistance):

Buy Entry: $98,800–$99,200

Target: $102,000–$105,000

Stop-Loss: $96,500

B. Pullback Strategy (If price dips before bouncing):

Buy Entry: $92,000–$93,000

Target: $97,000–$98,500

Stop-Loss: $89,500

---

3. Time Horizon:

Expect results within 3–7 days, especially within 24–48 hours post-FOMC announcement.

---

4. Risk Management Tips:

Never invest more than 10% of your capital in a single trade.

Always set Stop-Loss and Take-Profit levels before entering a position.

---

5. Bonus Tip:

Avoid trading during the FOMC announcement window due to potential volatility. Let the market react, then enter strategically.

---

Stay informed, trade smart. Let’s ride the wave with proper strategy and discipline.

#BTC #CryptoStrategy #FOMC #Bitcoin #BinanceSquare #CryptoTrading #ShortTermTrade