#Bitcoin bounced to ~29k zone ✅ Reached 28.9k on yesterday's attempt. All that happened while stocks were tanking. After that #DXY dumped back below April close, and that surely helped #BTC to stay high. Banks collapsing was another bullish factor for "digital gold". Today FOMC at 18 UTC time. As usual we should expect lots of volatility just before and after that event. Keep that in mind when opening new trades. Safest option is either to wait for #FOMC results to make impact on the charts or wait with limit orders at extreme ranges to catch pumps and dumps wicks.
#Crypto #cryptotrading #cryptocurrency #cryptocurrencies #trading #technicalanalysis