$BTC is heavily favored to remain range-bound between $76k and $80k leading into the upcoming FOMC rate decision.
The primary play is aggressively fading the range highs near $80k. Hard invalidation is strict: an hourly close holding above $80,600 and you cut immediately. If that gets blown through, do not chase—wait for the secondary supply reload near $83k, with a hard stop above $84k.
Downside demand sits at $76,500 - $75,500. If bears flush $75,500 and bulls fail to reclaim it quickly, expect downside acceleration straight into $70,500 and ultimately $67k.
$BTC #bitcoin #fomc #cryptotrading
The primary play is aggressively fading the range highs near $80k. Hard invalidation is strict: an hourly close holding above $80,600 and you cut immediately. If that gets blown through, do not chase—wait for the secondary supply reload near $83k, with a hard stop above $84k.
Downside demand sits at $76,500 - $75,500. If bears flush $75,500 and bulls fail to reclaim it quickly, expect downside acceleration straight into $70,500 and ultimately $67k.
$BTC #bitcoin #fomc #cryptotrading
