$BTC is making short pumps to trap more bulls.
This week is very important for Bitcoin. For the last 2 weeks, $BTC has been trading between $76K–$80K.
I think this week BTC can first dip towards $72K. If that happens, it will be the first move of the bigger dump I am expecting.
My view is still the same: $78K → $70K → $62K → Bottom → $90K+.
Also The September FOMC could come down to one thing: guidance.
The rate decision is already mostly expected, so I’m watching the dot plot and December outlook for any change in tone.
Hawkish guidance could add pressure to risk assets, while a softer stance could give them some breathing room.
Definitely one I’ll be following closely on BingX. 🔎
Meanwhile 🐕 $DOGE is down 2.24% to $0.0824 in the last 24h, underperforming the broader market slightly.
Personally, I think the main pressure is the news around Bitwise liquidating its spot Dogecoin ETF, which has raised some concerns around institutional demand.
The wider risk-off mood ahead of major U.S. policy and regulatory events isn’t helping altcoins either.
I’m watching $0.079 closely. If it holds, $DOGE could consolidate. A break below could open the door toward $0.075.
The Senate’s CLARITY Act vote today is another event I’ll be watching. 👀
#BTC Price Analysis#
This week is very important for Bitcoin. For the last 2 weeks, $BTC has been trading between $76K–$80K.
I think this week BTC can first dip towards $72K. If that happens, it will be the first move of the bigger dump I am expecting.
My view is still the same: $78K → $70K → $62K → Bottom → $90K+.
Also The September FOMC could come down to one thing: guidance.
The rate decision is already mostly expected, so I’m watching the dot plot and December outlook for any change in tone.
Hawkish guidance could add pressure to risk assets, while a softer stance could give them some breathing room.
Definitely one I’ll be following closely on BingX. 🔎
Meanwhile 🐕 $DOGE is down 2.24% to $0.0824 in the last 24h, underperforming the broader market slightly.
Personally, I think the main pressure is the news around Bitwise liquidating its spot Dogecoin ETF, which has raised some concerns around institutional demand.
The wider risk-off mood ahead of major U.S. policy and regulatory events isn’t helping altcoins either.
I’m watching $0.079 closely. If it holds, $DOGE could consolidate. A break below could open the door toward $0.075.
The Senate’s CLARITY Act vote today is another event I’ll be watching. 👀
#BTC Price Analysis#
