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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2Pac 2y ago

FOMC?

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Houston 2y ago

Fed Open Market Committee

The US Fed raised 25bps inline with expectations on the Street.

Now the world waits to see what Powell has to say during his press conference at 230 EST. 😂