$BTC just made a new low, and the daily candle closed below the previous lows. This officially confirms the downtrend. At the moment, only the interest rate decision from #FOMC can clarify the market situation.
• Current price: $BTC is trading below the previous support level.
• Trend: Clearly bearish.
• Waiting for: The FOMC interest rate decision.
What’s your trading plan in this situation? Hold onto losing positions or take profits immediately?
• Current price: $BTC is trading below the previous support level.
• Trend: Clearly bearish.
• Waiting for: The FOMC interest rate decision.
What’s your trading plan in this situation? Hold onto losing positions or take profits immediately?
