#techincalanalysis
techincalanalysis
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$BTC
#BTC #techincalAnalysis
Bitcoin ($BTC ) is currently trading at approximately $65,650, pulling back slightly from a one-month high of $66,100 hit earlier in the week. The market is experiencing massive volatility driven by macro headwinds, including geopolitical tensions pushing oil prices higher, rising Treasury yields, and a sharp decline in the betting odds (now down to 38%) for the passage of the US Digital Asset Market Clarity Act.
The chance of a massive upward squeeze right now is capped. Expect choppy, horizontal movements between $64,000 and $66,800 until the upcoming Federal Reserve policy meeting gives the market a directional macro spark. Play it safe and watch the volume spikes.
Better to analyse the technical support and next week Movements.
#Bitcoin❗ #FedralReserve2026 #Meeting
#BTC #techincalAnalysis
Bitcoin ($BTC ) is currently trading at approximately $65,650, pulling back slightly from a one-month high of $66,100 hit earlier in the week. The market is experiencing massive volatility driven by macro headwinds, including geopolitical tensions pushing oil prices higher, rising Treasury yields, and a sharp decline in the betting odds (now down to 38%) for the passage of the US Digital Asset Market Clarity Act.
The chance of a massive upward squeeze right now is capped. Expect choppy, horizontal movements between $64,000 and $66,800 until the upcoming Federal Reserve policy meeting gives the market a directional macro spark. Play it safe and watch the volume spikes.
Better to analyse the technical support and next week Movements.
#Bitcoin❗ #FedralReserve2026 #Meeting
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