Market Update - 13 Mar 22 - 3 Bad Weeks, FOMC Meeting is the Key
BTC on the Weekly timeframe is showing 3 weeks of shakeouts and with no significant gains or losses
The weekly Open to Closes being as similar as they are telling us that it is very heavily restricted
The FOMC meeting on the 15th and 16th of March will be a determining factor if the current market will continue or it all rolls over
As we know the entire market exists from the Fed printing money, rates increase = REKT
A weekly open retest earlier today was the only significant movement
Mind the CME gap on Market Open for Monday the 14th of March
Overall, nothing to report
The weekends have become increasingly boring
Look for Daily and Weekly open retests with low volume if you're scalping the weekends
The weekly Open to Closes being as similar as they are telling us that it is very heavily restricted
The FOMC meeting on the 15th and 16th of March will be a determining factor if the current market will continue or it all rolls over
As we know the entire market exists from the Fed printing money, rates increase = REKT
A weekly open retest earlier today was the only significant movement
Mind the CME gap on Market Open for Monday the 14th of March
Overall, nothing to report
The weekends have become increasingly boring
Look for Daily and Weekly open retests with low volume if you're scalping the weekends
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