$BTC Update — Sitting Right Below a Critical Ceiling
#BITCOIN is now parked just under the 94,000 horizontal resistance, a level that has repeatedly acted as a lid on momentum. After yesterday’s explosive move, price has paused right beneath this wall — and with FOMC at 7:30 PM UTC, volatility is guaranteed to pick up.
Right now, the structure is simple: • Above 94,000 → momentum extends, shorts get squeezed, and we could see another fast leg toward the next liquidity pocket. • Below 94,000 → expect rejection wicks and intraday pullbacks as traders de-risk ahead of the announcement.
Holding above this zone is absolutely key. If #BTC can anchor a 1H close above resistance, sentiment shifts in favor of continuation. If not, the market stays reactive and choppy until the FOMC direction becomes clear.
Altcoins will mirror the reaction — breakout = rotation into majors, rejection = quick cooling across the board.
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$BTC Update — Sitting Right Below a Critical Ceiling
#BITCOIN is now parked just under the 94,000 horizontal resistance, a level that has repeatedly acted as a lid on momentum. After yesterday’s explosive move, price has paused right beneath this wall — and with FOMC at 7:30 PM UTC, volatility is guaranteed to pick up.
Right now, the structure is simple:
• Above 94,000 → momentum extends, shorts get squeezed, and we could see another fast leg toward the next liquidity pocket.
• Below 94,000 → expect rejection wicks and intraday pullbacks as traders de-risk ahead of the announcement.
Holding above this zone is absolutely key. If #BTC can anchor a 1H close above resistance, sentiment shifts in favor of continuation. If not, the market stays reactive and choppy until the FOMC direction becomes clear.
Altcoins will mirror the reaction — breakout = rotation into majors, rejection = quick cooling across the board.