$BTC Update!!
I'm currently expecting a rejection in $BTC price around the $99K–$100K zone.
Reasoning:
FOMC Meeting results appear overall bearish, yet we’ve seen a strong rally in BTC—which seems unsustainable in the short term.
On the higher timeframes (HTF), price action remains bullish, but volume is not confirming the move. Also, $100K is a golden Fibonacci key level, adding to potential resistance.
Lower timeframes (LTF) are showing bearish signals, and on-chain data also aligns with a bearish outlook.
If I get confirmed rejection on the LTFs, I’ll consider opening a short position with a tight stop-loss.
Let’s see how this plays out.
$BTC USDT Perpetual
Current Price: $99,663.4 (+2.84%)
