"Elon Musk Buy Twitter" news work as fuel for Market. DOW Bounce near 600 point and bitcoin back to $40000+ after announcement.
$42500 is major resistance for bitcoin and Market cant ignore FED FOMC meeting on May 4. Bears will like to play short near $42500. Daily closing above $42500 will create fresh momentum in market.
If BTC hold $37k support till May 4 than it will be very good for Bitcoin market.
BTC VS FED FOMC Meeting: FED FOMC meeting turn into one of the main trigger for Bitcoin. We can see in chart that BTC price slip before Fed Meeting, before going up again after. Same we saw from last 4 days. Twitter news has been pumping market but its good to eye on daily closing, But be ready for volatility, Market can give more opportunity before FED FOMC meeting
$42500 is major resistance for bitcoin and Market cant ignore FED FOMC meeting on May 4. Bears will like to play short near $42500. Daily closing above $42500 will create fresh momentum in market.
If BTC hold $37k support till May 4 than it will be very good for Bitcoin market.
BTC VS FED FOMC Meeting: FED FOMC meeting turn into one of the main trigger for Bitcoin. We can see in chart that BTC price slip before Fed Meeting, before going up again after. Same we saw from last 4 days. Twitter news has been pumping market but its good to eye on daily closing, But be ready for volatility, Market can give more opportunity before FED FOMC meeting