#Bitcoin has been moving sideways around 100k for about 2 weeks. I believe that the sideways movement will end after today's FED meeting. Expectation is for interest rates to remain unchanged. Therefore, as always, the statements from Powell during the press conference will guide the market. On the other hand, unlike spot CVD, there is still bullish activity in the futures side. Whale activity continues to maintain its positivity since the liquidations of $89k have been cleared. Due to the price's horizontal trend in recent weeks, a large amount of liquidation has accumulated. Currently; 🔹 Long liquidations are intense in the $98-95k range. 🔸Short liquidations $107-110k Today, we can say that the market will be shaped entirely according to the statements of the FED chairman, my friends.
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Good morning ☀️
#Bitcoin has been moving sideways around 100k for about 2 weeks. I believe that the sideways movement will end after today's FED meeting.
Expectation is for interest rates to remain unchanged. Therefore, as always, the statements from Powell during the press conference will guide the market.
On the other hand, unlike spot CVD, there is still bullish activity in the futures side.
Whale activity continues to maintain its positivity since the liquidations of $89k have been cleared.
Due to the price's horizontal trend in recent weeks, a large amount of liquidation has accumulated.
Currently;
🔹 Long liquidations are intense in the $98-95k range.
🔸Short liquidations $107-110k
Today, we can say that the market will be shaped entirely according to the statements of the FED chairman, my friends.