$77.3k is still an important level. It was support on the 4 hour chart last week, and now price has been rejected two times from this level.
Bitcoin is now back inside Monday's range. But the $76.4k level (Monday low) has not been tested again on the 4 hour chart.
I will watch how price reacts if it comes back to this area. If it holds, price can move up. If Bitcoin reclaims $77.3k, the next target is $78.5k (weekly open).
FOMC is later today. No big surprises are expected, and rates will likely stay the same.
I have limit orders ready:
- Short from higher levels - Long from lower levels
Finally I'm eligible for the Pharos airdrop I got 12,413 $PROS allocation If Pharos lists at $1B FDV, my airdrop will be worth $12,413 Easy 5fig 💰 $PROS really cooked for me How much allocation did you guys get?