Replying to Avatar Houston

$BTC update

1 hour and change before the FOMC announcement.

Daily - $BTC currently inside day and up.

60m - $BTC going momo up (weak market structure).

We will likely see a 60m outside bar post-FOMC so be prepared for a sell $BTC post-FOMC scenario.

The buyers are currently in control so if the price breaks back into yesterday's highs, watch out for the potential for an outside day to the downside.
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Houston 2y ago

As noted earlier - We got the 60m outside bar.

#[0]

Now the question is how does it resolve?

Still could go either way - all eyes on Powell at 230pm EST. 👀

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