Have you noticed that $BTC keeps running the same playbook right before every FOMC in this range?
Most traders either panic sell the pre-meeting dip or FOMO the bounce after it already started. That is how you miss the actual entry and give back weeks of gains in a single session.
Last FOMC in this range, $BTC dropped 4% the day before, tagged a local bottom, and then pumped around 16% in a few days. The October 28-29 meeting sits two days away and lines up with the same bottom timing window. A possible scenario from here is another breakdown tomorrow, one day before FOMC, flushing remaining leverage just like last time. Then the event itself acts as the bounce catalyst rather than the crash. $ETH typically follows the same $BTC script on these moves.
The mainstream treats FOMC like a binary make-or-break moment. The recent case study in this range says it has been a local bottom after the shakeout, not the start of a new downtrend.
Where do you think this one goes from here?
#Bitcoin #FOMC #CryptoTrading
Most traders either panic sell the pre-meeting dip or FOMO the bounce after it already started. That is how you miss the actual entry and give back weeks of gains in a single session.
Last FOMC in this range, $BTC dropped 4% the day before, tagged a local bottom, and then pumped around 16% in a few days. The October 28-29 meeting sits two days away and lines up with the same bottom timing window. A possible scenario from here is another breakdown tomorrow, one day before FOMC, flushing remaining leverage just like last time. Then the event itself acts as the bounce catalyst rather than the crash. $ETH typically follows the same $BTC script on these moves.
The mainstream treats FOMC like a binary make-or-break moment. The recent case study in this range says it has been a local bottom after the shakeout, not the start of a new downtrend.
Where do you think this one goes from here?
#Bitcoin #FOMC #CryptoTrading
