Despite the choppy range, the key takeaway is that Bitcoin making a series of higher lows as supply is patiently being absorbed. RSI coiling up and looks ready for a big move next week.
The Fed meeting this Wednesday likely clears much of the uncertainty that is keeping big money sidelined for now. Barring any surprises, would expect markets to rally (sell the rumor, buy the news)
The Fed meeting this Wednesday likely clears much of the uncertainty that is keeping big money sidelined for now. Barring any surprises, would expect markets to rally (sell the rumor, buy the news)
Comment:
Got the reaction we wanted from today's Fed decision. Looks like we'll take another shot at the $45-46K resistance zone pretty soon. If we can get over, should see much better action/setups in altcoins