Well, the Fed’s decision is coming up, and although they’re most likely to keep rates unchanged, what matters will be their tone and the clues they give us about what’s next xd.
If the tone is more dovish, we could see a bit of optimism in $BTC and crypto, but if they get more hawkish, there could be downward pressure for a while.
For now, I’d rather stay a little away from the market and wait to see how it reacts before looking for entries. There’s no point in jumping the gun and getting caught in a false breakout, although personally I’m hoping for positive news that will push prices up and give the market a bit of relief :v
Sometimes not trading is part of the strategy too :))
The TPs lined up, but not the entry. I was going to place it at 85.1, but to improve the R:R I went with the recent low. It usually drops and then rises, but oh well, it’s fine 😼 $CRCL