$BTC is trading around $75,900 after a sharp drop from the $79,000 area.
Price tested the $75,000 zone and buyers are trying to hold the market above this level.
The longer BTC holds around $75K–$76K, the stronger the chance of a recovery move.
A clean push above $77,000 could bring momentum back and open the way toward $78,000–$79,000.
What price do you think $BTC price at the end of this week?
$BTC
{future}(BTCUSDT)
🔥 FOMC COULD SET THE NEXT BIG MOVE
Core CPI just came in at 0.3% MoM, and now the market is giving the Fed roughly a 90% chance of a 25bp hike this week.
Honestly, I’m not too interested in the 25bp itself.
I’m watching what Kevin Warsh says next.
If this is just a one-off hike, BTC and tech could get some relief after the initial volatility.
But if the Fed opens the door to more hikes, I’d expect pressure on BTC + tech stocks, while gold could stay strong.
This is where traders usually g...
Everyone is calling a top, but the 1h price is still holding this entry zone.
$LAB /USDT - 🟢 SHORT · Conf 81%
Trade Plan:
Entry: 0.0486280 – 0.0491320
SL: 0.0560185
TP1: 0.0435261
TP2: 0.0399568
TP3: 0.0346029
Why this setup?
Why now? The daily trend is bearish, which means the path of least resistance is lower, and the 1h RSI at 39.77 is not yet oversold, so momentum has not exhausted itself on this timeframe. The 1h ATR of 0.001981 sets the current volatility pace, making the entry zone be...