$BTC chart update: back above EMA 20 and pressing the lid. The squeeze is reaching its tip 🎯
Structure (4H):
• Higher lows: 79,221 → 79,369 → 79,506
• Lid: 80,845 to 81,100 (last high + EMA 50)
• Price 80,745, above EMA 20 (80,453)
• RSI 51.6, ticking up
The 4H candles are getting smaller and the range is under 2%. With FOMC tomorrow at 18:00 UTC, this compression probably resolves with a big candle.
Game plan for $BTC :
🟢 4H close above 81,100 → 82,000, then 83,100
🔴 4H close below 79,500 → 79,200 swept, 78,200 next
⚠️ Around the Fed decision, expect wicks both ways. Lower your leverage
Which side breaks first for $BTC ? 👇
NFA
#Bitcoin #FOMCWatch #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
Structure (4H):
• Higher lows: 79,221 → 79,369 → 79,506
• Lid: 80,845 to 81,100 (last high + EMA 50)
• Price 80,745, above EMA 20 (80,453)
• RSI 51.6, ticking up
The 4H candles are getting smaller and the range is under 2%. With FOMC tomorrow at 18:00 UTC, this compression probably resolves with a big candle.
Game plan for $BTC :
🟢 4H close above 81,100 → 82,000, then 83,100
🔴 4H close below 79,500 → 79,200 swept, 78,200 next
⚠️ Around the Fed decision, expect wicks both ways. Lower your leverage
Which side breaks first for $BTC ? 👇
NFA
#Bitcoin #FOMCWatch #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back 👉 Sign up on Binance
