📌 BITCOIN ANALYSIS — 4H

Bitcoin has broken below the support zone faster than I expected. 📉

However, it’s still too early to draw a clear conclusion.

🇺🇸 The FOMC decision is coming today, so volatility could remain extremely high around the announcement. Markets are heavily pricing a rate hike, while the Fed’s forward guidance may be even more important for BTC.

🇯🇵 On top of that, the BoJ is expected to decide on rates on September 17–18, with markets pricing a strong chance of a hike.

🔻 My view: With this macro backdrop, Bitcoin could remain under pressure and potentially move lower — but FOMC volatility can invalidate short-term setups quickly.

Don’t chase the volatility. ⚠️

#BTC #bitcoin #FOMC‬⁩ #crypto #BinanceSquare