The Fed will cut rates in just 2 days.
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JP Morgan and other big analysts are expecting a market dump before reversal.
Scenario 1: $BTC will dump towards $104,000 level before reversal.
Scenario 2: Bitcoin will dump towards $92,000, which also has a CME gap before reversa
The Fed will cut rates in just 2 days.
Follow
JP Morgan and other big analysts are expecting a market dump before reversal.
Scenario 1: $BTC will dump towards $104,000 level before reversal.
Scenario 2: Bitcoin will dump towards $92,000, which also has a CME gap before reversal
$BTC is now stuck between 2 decent liquidity clusters.
On the upside, there's a short-side liquidity around $81,000-$84,000.
On the downside, there's a long-side liquidity around $74,000-$76,000.
Where do you think Bitcoin will go first?
$ETH failed to break above the $2,550
level.
Still, Ethereum managed to make a higher high, which BTC hasn't done yet.
This means ETH has most likely bottomed for this cycle.
$BTC had a sharp rejection from the $81,500 level.
Now, the next major support level for Bitcoin is $74,000-$75,000 which could get retested next.
If this holds, BTC will resume its uptrend.
I suscribed to @TedPillows in a really key moment. When everybody was so bullish, he was selling at the top. Right now, the trend Is changing and Ted was so right. To be honest, I've never seen anyone like him here. Thank u Ted.
That 20–30% wick wiped out a lot of longs.
Healthy reset? Yes.
But something about this move tells me there’s more happening behind the scenes. Big players don’t make moves like this without a reason.
I’ve made some important changes to the portfolio.
The updated sheet says it all, subscribe on X to check.