Big week ahead with #FOMC + #CPI on Wednesday and PPI on Thursday.
Historically:
-FOMC causes major drops 1-2 days prior
-CPI brings intra-day volatility
-FOMC often marks trend reversals.
We are NOT in an altcoin bull run.
Not even close.
If you're struggling this cycle, you're not alone.
🧵: I just dug through the data which reveals some shocking truths about the current state of the market.
(it also holds the key as to when things could turn around).👇
A dump the day before FOMC. What a surprise.
4 hour RSI at levels not seen since January. Confluence with 4 hour support on MTI. Should bottom somewhere here. $BTC