🚀 Breaking News: Leveraging the Bitcoin Rally after the FOMC
Bitcoin surpasses $96,000 after the Fed's decision. Here is my strategy to take advantage of the movement:
📊 Trading Setup:
Entry: $94,400 (bullish futures cluster + confirmation of the Fed's pause)
Exit: $96,800 (partial profit taking before resistance)
Stop Loss: $93,000 (below key support)
Catalyst: The Fed maintains rates at 4.25–4.50%, boosting long positions with $189M in bullish bets.
🔎 Why did it work?
1️⃣ Futures data indicated an accumulation of long positions before the announcement.
2️⃣ Support at $94.4K held firm, reflecting a similar pattern to the April rally.
3️⃣ The Fed's stance of "higher rates for longer" generated volatility that traders exploited.
⚠️ Reminder: News-based trades require quick execution. Stay tuned for:
CoinGlass for liquidation heat maps.
FedWatch tool for rate probabilities.
📩 Share your experience with the FOMC in the comments and let’s continue analyzing the market together.
(Not financial advice, do your own research before trading)
