$BTC FOMC Analysis of this entire bear market,



We had 7 FOMC(s) this bear market, with 8th one approaching,

Out of those 7, we have dumped 6/7 times on the opening,

With only previous FOMC that pumped on the opening and dumped later as we were expecting it to.

Which clearly shows that there's a very high chance we dump on the next one as well (17th June).

I think 17th is gonna mark the lower high of this range and we will start dumping afterwards,

I am targeting for price to reach Low 50s after we form the lower high.

Also, the max extension that I can see price reach is 68-70k,

So, anything above 70k is a free short with targets around Low 50s.

Though, I will personally start adding to shorts below qO and DCA if we go higher, this is to avoid getting frontrun.
BTC1.43%
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ToBeHonest,You'llLose
· 29m ago
If the 17th truly becomes the second-highest in the range, then the subsequent script will be clear.
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GateUser-ad8b77bd
· 1h ago
Last time it was pull first, then smash; will it be the other way around this time?
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AirdropEtiquette
· 1h ago
A target position below 50k means it still needs to drop about 15% more.
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PixelMetaverseRaccoon
· 2h ago
Start building positions below qO; this risk control is quite meticulous.
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AccountantsAlsoGetInto
· 2h ago
The cap of 68-70k is very rigidly set, feels like there's a story behind it.
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GateUser-5578154d
· 2h ago
FOMC开盘砸盘几乎是这轮回熊的标配了
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BlackBullion_Alpha
· 2h ago
HODL Tight 💪
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BlackBullion_Alpha
· 2h ago
1000x Vibes 🤑
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AuroraSnowyWildernessSolitary
· 2h ago
Every time they say this time is different, but the opening is still the same.
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GateUser-46c777d0
· 2h ago
Eight FOMC meetings have occurred; the market has long since learned to price in expectations in advance.
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