Bitcoin has executed the historic pattern we warned about: an aggressive correction triggered by FOMC volatility to clear the excess leverage in the market.
Current Structure Analysis:
Execution in Value Zone: The price precisely sought the liquidity block situated at $76,100, a level where we detected strong institutional confluence. The absorption wick on the 4-hour candlestick chart confirms that the "smart money" was waiting for this discount to absorb the supply.
Retail Clean-Up: This extreme drop has served to sweep the Stop Losses of impatient traders. While retail sentiment shifts to fear, the flow indicators show a quiet accumulation at mathematical support levels.
Post-FED Perspective: With the uncertainty of the rates behind us, the market tends to seek equilibrium. The $76,013 level solidifies as the main bastion. If the price maintains this close, the next technical target will reclaim the 4H moving average to seek higher levels.
Strategy: Patience has been our greatest profitability. Having traded with limit orders in high-probability zones now allows us to observe the market from a position of advantage. We are watching the $75,800 block for potential strategic re-entries if volatility persists.
#Bitcoin #BTC #FOMC #BinanceSquare #CryptoTrading #TradingStrategy
Current Structure Analysis:
Execution in Value Zone: The price precisely sought the liquidity block situated at $76,100, a level where we detected strong institutional confluence. The absorption wick on the 4-hour candlestick chart confirms that the "smart money" was waiting for this discount to absorb the supply.
Retail Clean-Up: This extreme drop has served to sweep the Stop Losses of impatient traders. While retail sentiment shifts to fear, the flow indicators show a quiet accumulation at mathematical support levels.
Post-FED Perspective: With the uncertainty of the rates behind us, the market tends to seek equilibrium. The $76,013 level solidifies as the main bastion. If the price maintains this close, the next technical target will reclaim the 4H moving average to seek higher levels.
Strategy: Patience has been our greatest profitability. Having traded with limit orders in high-probability zones now allows us to observe the market from a position of advantage. We are watching the $75,800 block for potential strategic re-entries if volatility persists.
#Bitcoin #BTC #FOMC #BinanceSquare #CryptoTrading #TradingStrategy