Weakness continues across the markets for #Bitcoin.
The price failed to break above $81,000, so we continue to move lower.
This is not unusual. Most of the time, there’s a correction ahead of the FOMC meeting that bottoms out late Tuesday.
I wouldn’t be surprised if we see a sweep down toward around $78,500 here, followed by a quick rebound.
I remain bearish in the short term, but I’m also rational enough to recognize that this correction is a great opportunity to build a long-term position.$BTC
The price failed to break above $81,000, so we continue to move lower.
This is not unusual. Most of the time, there’s a correction ahead of the FOMC meeting that bottoms out late Tuesday.
I wouldn’t be surprised if we see a sweep down toward around $78,500 here, followed by a quick rebound.
I remain bearish in the short term, but I’m also rational enough to recognize that this correction is a great opportunity to build a long-term position.$BTC