Bitcoin Daily Trend Analysis 🧐
We are testing a critical area of assistance. The price fell to $66K in an attempt to break through, but there was no discernible consolidation below $67K.
The $BTC chart shows the formation of a "double top," but it won't be complete until the price breaks through to the pattern's bottom. There's still a chance that the price would fluctuate sideways between $72K and $67K till then.
The US Federal Reserve meeting today could impact the market. Additionally, the SEC is being urged to lower interest rates by a group of US senators. The reality is that the economy is in danger and may enter a recession as a result of the Fed's current policies. Consequently, there is no possibility of a decline.
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