Jellee1
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The previous two rate cuts both resulted in #Bitcoin falling lower in the week that followed.
Powell announced another rate cut yesterday - will this time be different?
BTC-2.36%
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Nooo Jelle the market is going to zero; you can't be bullish here!
Perhaps it is, but I'm not about to flip bear with #Bitcoin at key support.
Clean break below this box and bulls are out of arguments to make - but until that happens, I've seen BTC bounce back from worse spots.
BTC-2.36%
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The alternative view: #Bitcoin in a rising wedge, straight into resistance.
Breaking down below monthly open again would give more significance to this idea. Until then, leaning towards the bull case.
BTC-2.36%
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#Bitcoin still trades inside an ascending triangle, maintaining higher lows across the board.
Two failed breakout attempts so far - third time's the charm?
BTC-2.36%
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Good morning bros & brosettes
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Roughly 2 hours to go until the next FOMC presser
Market's pretty sure we're getting a rate cut - but the real question is what the Fed will be doing in the next year.
Continue their cautious tone, or are they flipping towards a mote optimistic tone? Let's see
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Still in this trade.
Going to need Powell to announce the Fed is market buying $BTC starting tomorrow tonight, thanks.
Jokes aside so long as we don't close back below grey box - thesis remains intact; $100k.
BTC-2.36%
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Announced yesterday, the European Central Bank plans to issue the digital - fully controllable - Euro by 2029.
In other words, the days of us deciding how we spend our money are numbered.
This is why #Bitcoin matters. Resist.
BTC-2.36%
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Market continues to chop aorund in the $91-93 resistance area ahead of FOMC later today.
HTF-wise, I think $BTC and $ETH look pretty good, but it all hinges on the market's reaction to tonight's press conference.
The previous two rate cuts were not exactly well-received.
Taking it slow until this resolves. Hold the key support until tomorrow - and I think $100k is next.
BTC-2.36%
ETH-5.6%
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New higher high made, and #Bitcoin is turning the $91-93k area into support again - ahead of FOMC.
Just need Powell to not ruin the show from here, and we're golden for a trip towards $100k.
BTC-2.36%
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Both $ETH and $BTC are holding key structural areas, and forming higher lows.
I'd say these charts look much better than sentiment would have you believe.
šŸ¤”
ETH-5.6%
BTC-2.36%
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Lots of green in the market ahead of FOMC.
Let's keep it that way today!
šŸ¤žšŸ»
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Good morning!
87.6% chance of another rate cut today.
Presser in just under 12 hours, expect volatility tonight šŸ‘šŸ»
$BTC
BTC-2.36%
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FOMC tomorrow, with a rising wedge structure on the 12h $BTC chart
Powell is going to rug us isn't he? šŸ«£šŸ˜…
BTC-2.36%
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@federalreserve pls no
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$ETH up more than 8% today.
šŸ‘€
ETH-5.6%
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I've seen #Bitcoin make new all-time highs from worse-looking charts.
BTC-2.36%
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#Bitcoin is pushing through the resistance again!
Back above $93,000 - hold the grey box from here and I'm pretty sure we see $100,000 next šŸ‘€
BTC-2.36%
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A refreshing sight to see.
$155,000,000 in crypto shorts liquidated in the past 60 minutes.
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#Bitcoin is trying to turn yet another quarterly peak into support.
The last time we pulled that off, Bitcoin went on to double in about a year.
End the year above $93k; and another flip becomes a reality. šŸ‘€
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