đ¨ 48 HOURS TO GO, BIG 2 DRAMAS AHEAD!
Brothers, holding $BTCâpay attention, because the market is about to have its psychology tested continuously. đ
đ Drama 1 â CLARITY Act
The U.S. Senate is preparing to vote on the CLARITY Act. The bill is expected to create a clearer legal framework for crypto.
To move ahead, it needs 60 votesâso the outcome isnât certain yet. (Reuters)
đ Drama 2 â FED
The FOMC is meeting on September 15â16, and the interest rate decision will be announced after the meeting.
The market currently leans heavily toward a 25bps hike, but whatâs scary sometimes isnât the decisionâŚ
Itâs what the Fed says after the decision. đ
And BTC is standing right in the danger zone:
đ˘ Hold $75Kâ76K: then thereâs still a chance for a continued rebound and a retest of higher levels.
đ´ Break through $75Kâ76K: selling pressure may increase, and then the chart could easily switch from:
âBuy the dip, brothers!â
to:
âBrothers⌠anyone still online?â đĽ˛
đ
In short, in the next 48 hours:
CLARITY â crypto policy.
FED â cheap money or expensive money.
BTC $75Kâ76K â a psychology test.
If BTC can hold the line, thereâs still plenty to talk about.
If it breaksâŚ
Well, at that point, donât ask me where I am. Iâll be sitting here watching the chart with you guys. đżđ
Consolidated information and personal viewpoints to monitor the marketânot investment advice. Crypto is highly volatile, so be cautious.
Brothers, holding $BTCâpay attention, because the market is about to have its psychology tested continuously. đ
đ Drama 1 â CLARITY Act
The U.S. Senate is preparing to vote on the CLARITY Act. The bill is expected to create a clearer legal framework for crypto.
To move ahead, it needs 60 votesâso the outcome isnât certain yet. (Reuters)
đ Drama 2 â FED
The FOMC is meeting on September 15â16, and the interest rate decision will be announced after the meeting.
The market currently leans heavily toward a 25bps hike, but whatâs scary sometimes isnât the decisionâŚ
Itâs what the Fed says after the decision. đ
And BTC is standing right in the danger zone:
đ˘ Hold $75Kâ76K: then thereâs still a chance for a continued rebound and a retest of higher levels.
đ´ Break through $75Kâ76K: selling pressure may increase, and then the chart could easily switch from:
âBuy the dip, brothers!â
to:
âBrothers⌠anyone still online?â đĽ˛
đ
In short, in the next 48 hours:
CLARITY â crypto policy.
FED â cheap money or expensive money.
BTC $75Kâ76K â a psychology test.
If BTC can hold the line, thereâs still plenty to talk about.
If it breaksâŚ
Well, at that point, donât ask me where I am. Iâll be sitting here watching the chart with you guys. đżđ
Consolidated information and personal viewpoints to monitor the marketânot investment advice. Crypto is highly volatile, so be cautious.
