50 days of chart momentum were just about to trigger one of the classic bullish signals, but macro markets just pulled the plug. The anticipated $BTC Golden Cross is flickering off as traders rapidly price in firmer rate-hike expectations from central bankers. Is macro once again going to dictate technical chart patterns for the rest of the quarter? Here is what is happening right now: 🔹 The 50-day moving average was closing in on the 200-day line, signaling potential upside momentum. 🔹 Shifting interest rate expectations flipped trader sentiment away from risk assets almost instantly. 🔹 Technical indicators are taking a back seat as macro yields firm up. Honestly, trading charts without watching interest rates right now feels like driving with your eyes closed. Stay sharp out there! #Write2Earn #Bitcoin #CryptoMacro #TechnicalAnalysis
