BTC QUICK UPDATE AFTER FOMC!!
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Welcome to this quick BTC update.
BTC gives a fakeout during FOMC and trapped many longs. After FOMC, we saw a sharp dump and the price hit the 26.6k level. So what's the next possible scenario from here? Let's discuss this.
According to the chart. BTC breaks down the ascending triangle and currently looks like it is going for a retest. So there's a possibility to hit the 28k level again and if we see rejection from there then we see another drop up to the 26k level.
What do you think about this?
Let me know your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this quick BTC update.
BTC gives a fakeout during FOMC and trapped many longs. After FOMC, we saw a sharp dump and the price hit the 26.6k level. So what's the next possible scenario from here? Let's discuss this.
According to the chart. BTC breaks down the ascending triangle and currently looks like it is going for a retest. So there's a possibility to hit the 28k level again and if we see rejection from there then we see another drop up to the 26k level.
What do you think about this?
Let me know your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
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