The Big Picture
#BTC is currently battling heavy overhead resistance near $79,000 – $80,000.
• If the FOMC Minutes leans hawkish and Housing data remains too strong, it will create macro headwinds that could stall the bullish trend, risking a breakdown toward $74k or lower.
• To keep the ascendency intact, bulls need a dovish interpretation from the Fed to trigger a clean breakout above $80,000. $BTC
#BTC is currently battling heavy overhead resistance near $79,000 – $80,000.
• If the FOMC Minutes leans hawkish and Housing data remains too strong, it will create macro headwinds that could stall the bullish trend, risking a breakdown toward $74k or lower.
• To keep the ascendency intact, bulls need a dovish interpretation from the Fed to trigger a clean breakout above $80,000. $BTC