$BTC swept the 75.5K low after the Clarity Act failed in the Senate.
Price did what we expected — bearish reaction below 75.5K played out clean.
Today is FOMC, so don't expect much action before 2pm ET. Best case: we chop sideways into the release, then FOMC triggers one more liquidity sweep lower.
If we get that sweep, I'm looking to long the corrective bounce — but only after price and spreads settle post-announcement. Let the dust clear, then hunt your setup.
Locally, maybe a scalp shows up, but I'm not forcing it. If you're holding anything into FOMC, make sure your risk is dialed in before the release. No edge in guessing the headline.
Price did what we expected — bearish reaction below 75.5K played out clean.
Today is FOMC, so don't expect much action before 2pm ET. Best case: we chop sideways into the release, then FOMC triggers one more liquidity sweep lower.
If we get that sweep, I'm looking to long the corrective bounce — but only after price and spreads settle post-announcement. Let the dust clear, then hunt your setup.
Locally, maybe a scalp shows up, but I'm not forcing it. If you're holding anything into FOMC, make sure your risk is dialed in before the release. No edge in guessing the headline.
