$BTC just punched through $79K after Trump dropped the Iran deal comment. Meanwhile, Fed rate hike odds sitting at 93% for Wednesday's meeting.
Market's pricing in hawkish Fed + geopolitical cooling = risk-on for now. Watch how $BTC holds this level through FOMC. If we break and hold $80K, next leg could be violent.
Short-term: volatility incoming. Position accordingly.
Market's pricing in hawkish Fed + geopolitical cooling = risk-on for now. Watch how $BTC holds this level through FOMC. If we break and hold $80K, next leg could be violent.
Short-term: volatility incoming. Position accordingly.
