the vote failed, the Fed decides today, and dominance is stuck at the exact same wall
posting both charts because today is the day everything we've tracked for weeks either confirms or breaks
btc at 75,984 down 1.12% this week the clarity act just failed in the senate 49 to 50 one vote the regulatory clarity everyone's been pricing in for a month just got denied
btc dropped toward 75,700 on the news fear and greed collapsed from 69 greed to 51 neutral in a single day that's not a small mood shift that's the market genuinely recalibrating overnight
and now the fed decides today 2pm et a 25 basis point hike is basically priced in the real variable same as always is the language that comes with it
your btc chart shows exactly why this matters that descending trendline has capped every single bounce since the crash price is sitting right on it right now with the two biggest catalysts of the month landing in the same 24 hours
dominance sitting at 59.50% almost dead center in the same range it's held for over a year 57 to 58% support 60 to 62% resistance still completely undecided which way capital rotates once the dust settles
hold 76k through the fed statement and this range holds intact
lose it with volume and 72 to 74k becomes the real test next
one failed vote and one rate decision in the same day this is the resolution we've been building toward for weeks watching 2pm et closer than anything else today
$BTC
#BitcoinFalls4% #FedRateWatch #EthereumFallsBelow$2400
posting both charts because today is the day everything we've tracked for weeks either confirms or breaks
btc at 75,984 down 1.12% this week the clarity act just failed in the senate 49 to 50 one vote the regulatory clarity everyone's been pricing in for a month just got denied
btc dropped toward 75,700 on the news fear and greed collapsed from 69 greed to 51 neutral in a single day that's not a small mood shift that's the market genuinely recalibrating overnight
and now the fed decides today 2pm et a 25 basis point hike is basically priced in the real variable same as always is the language that comes with it
your btc chart shows exactly why this matters that descending trendline has capped every single bounce since the crash price is sitting right on it right now with the two biggest catalysts of the month landing in the same 24 hours
dominance sitting at 59.50% almost dead center in the same range it's held for over a year 57 to 58% support 60 to 62% resistance still completely undecided which way capital rotates once the dust settles
hold 76k through the fed statement and this range holds intact
lose it with volume and 72 to 74k becomes the real test next
one failed vote and one rate decision in the same day this is the resolution we've been building toward for weeks watching 2pm et closer than anything else today
$BTC
#BitcoinFalls4% #FedRateWatch #EthereumFallsBelow$2400
