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At the moment, we are in a short-term corrective phase in the form of a descending channel testing the boundaries of support (marked in green)
What are my thoughts on this, I think that everything will be decided after the FOMC meeting on July 27, where we will most likely see a strong takeaway (1-2 days after the meeting)
Also, if you pay attention to the chart for July 13, how bitcoin reacted to the last meeting, you can see that from $18.900 the asset flew to $24.200 (I marked it with a red circle)
Will the market react the other way around? What do you think about this? Write in the comments
At the moment, we are in a short-term corrective phase in the form of a descending channel testing the boundaries of support (marked in green)
What are my thoughts on this, I think that everything will be decided after the FOMC meeting on July 27, where we will most likely see a strong takeaway (1-2 days after the meeting)
Also, if you pay attention to the chart for July 13, how bitcoin reacted to the last meeting, you can see that from $18.900 the asset flew to $24.200 (I marked it with a red circle)
Will the market react the other way around? What do you think about this? Write in the comments
