๐Ÿ˜ข Is Bitcoin going to explode tonight? The Federal Reserve's interest rate decision, how will the market move, come take a look.



1. As shown in the chart, from September to now over the past half year, every time the Federal Reserve holds an interest rate meeting, BTC experiences a sharp decline, with drops ranging from 10-30%, in all 5 meetings without exception. Will there be a crash tonight?

2. Very likely! But the decline doesn't happen in a single day; it's a process, with ups and downs. Based on past experience, corrections usually last about 7 days. So conservatively, we estimate Bitcoin will correct by 10% over 7 days.

3. From the candlestick chart, BTC's strong support levels are around 74,500 and 70,500. Yesterday, it already dropped to 75.5k, with a very decent correction. We took partial profits with high leverage, locking in gains, and will continue to short after a rebound. Hey, isn't a rebound happening now? The current resistance is around 78k, where we can consider shorting again.

4. Additionally, I have already entered most of my positions in crude oil. We short 10% each time, with 1-3x leverage, entering in batches. Iโ€™ve already allocated 30%, and plan to add the last 10% around 108, holding long-term, just waiting for good news from Iran-U.S. talks. Once there's a big plunge, itโ€™ll be awesome!
BTC-1.22%
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