$BTC 🔨

This is how they manipulate the market.

They managed to make retail traders bearish into FOMC. However, it was already priced-in, as we anticipated.

Big players sold on Monday's false move to just buy back lower the orders from retail traders panic selling before FOMC.

$BTC update:

Dump prior FOMC: 12% drop in 36 hours! 👀

BTC really dropped hard and this reinforces the idea that whatever Jerome Powell has to say today, it's likely priced-in.

Will we get a retest of the range lows?

$BTC 🔨👀

So far we got a false move to the upside at the start of the week and we are dumping prior FOMC. 50% of the wick likely to be next.

2 questions:

- Is the market pricing-in a bearish FOMC?

- If so, will the Theory of the Contrary Opinion play out and pump afterwards?

1h 50EMA didn't hold - LTF setup invalidated.

It looks like a long squeeze to me and a suppport retest, we still holding above daily 50EMA which is very positive.

So I still think that we'll likely go for that liquidity at $67.3k.

No problem, onto the next one 🤝

$BTC update:

Slow week so far, but very clean Price Action.

I see liquidity at $67.3k based on a resistance trendline that is gathering stop losses and liquidations right above it - liquidation heatmap also confirms this.

1h 50EMA acting as support that should take us there 👍

$BTC

Short term target $66k hit! That was fast 🔨

Yesterday's daily close was good and today's is also probably going to be good too. You know what I'll keep an eye on 👍

$BTC

Projection completed 🔨

At resistance right now, waiting for new setups to develop. Probably no more high probability trades in Bitcoin until next week.

Stay tuned for the next Sunday update 🫶