75.5k-76k Finally hit the mark! BTC breaks through into the recovery zone as the market awaits the Fed’s rate decision; if it falls below 74k, the next stop is 69k!
$BTC On smaller timeframes, price has dropped to below support in the consolidation range
The support zone given earlier was 75.5-76k, and this time it’s truly reached it. It briefly dipped below and wicked through, then has been consolidating and repairing within this range. The key focus is tonight’s Fed rate decision and how the dot plot looks!
Pay special attention to short-term support at 74k. If it breaks, it will most likely pull back into the 69-70k range. On rebounds, watch the resistance around 78,200!
$BTC On smaller timeframes, price has dropped to below support in the consolidation range
The support zone given earlier was 75.5-76k, and this time it’s truly reached it. It briefly dipped below and wicked through, then has been consolidating and repairing within this range. The key focus is tonight’s Fed rate decision and how the dot plot looks!
Pay special attention to short-term support at 74k. If it breaks, it will most likely pull back into the 69-70k range. On rebounds, watch the resistance around 78,200!
