#FedWatch part 2 $BTC
🚹 The FOMC kept its benchmark interest rate unchanged, with the lower bound at 3.75%, as markets expected
đŸ’„ The wait is over! The Federal Reserve has announced its decision, and the crypto market is on the move! đŸ“ŠđŸ”„
đŸ›ïž The FOMC left its interest rate policy unchanged. However, two officials voted in favor of raising rates, while inflation remains elevated.
📈 BITCOIN REACTS WITH VOLATILITY!
BTC climbed to approximately $81,687, dropped below $80,500, and reclaimed the $81,000 level following the announcement.
📊 KEY LEVELS FOR TRADERS:
🟱 Support to watch: $80,000–$80,500
🔮 Immediate resistance: $81,500–$81,700
🚀 A confirmed breakout above $81,700 could support a recovery, while a drop below $80,000 could increase bearish pressure.
⚠ TRADERS, STAY ALERT! Watch trading volume and wait for confirmation. Volatility also comes with risks.
💎 Fed decisions can move markets, but a well-prepared trading strategy makes the difference.
đŸ”„ Would you take advantage of this volatility to look for a trading opportunity, or wait for a clearer market direction?
👇 Will Bitcoin break out to the upside, or will we see another correction?
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#FOMC‏⁩ #BTC #trading #BinanceSquare
For informational purposes only. Not financial advice. Trading involves risk.