**Title:**
BTC stuck in a tight range – awaiting FOMC verdict
**Text:**
Bitcoin continues to trade inside a narrow channel, with price action compressing as macro uncertainty builds ahead of today's FOMC statement and press conference. The market is coiled.
🔴 𝗕𝗲𝗮𝗿𝗶𝘀𝗵 𝗥𝗶𝘀𝗸𝘀
• Iran peace talks are stalled. WSJ reports the White House is preparing an extended naval blockade of the Strait of Hormuz, keeping oil elevated and risk assets under pressure.[reference:24][reference:25]
• U.S. spot Bitcoin ETFs snapped a nine‑day inflow streak, posting $263M in outflows on Monday. 𝗙𝗶𝗱𝗲𝗹𝗶𝘁𝘆’𝘀 𝗙𝗕𝗧𝗖 led outflows with $150M.[reference:26]
• The Crypto Fear & Greed Index has dropped back to 'Fear' (26).[reference:27]
🟢 𝗕𝘂𝗹𝗹𝗶𝘀𝗵 𝗨𝗻𝗱𝗲𝗿𝗰𝘂𝗿𝗿𝗲𝗻𝘁
• Whales (10k‑100k BTC) accumulated 40,967 BTC since April 10.[reference:28]
• Strategy bought 34,164 BTC last week and another 3,273 BTC at ~$77,906 – total holdings now 818,334 BTC.[reference:29][reference:30]
• Exchange reserves dropped to a 7‑year low (2.21M BTC), signalling supply tightening.[reference:31]
**Key Levels**
🔹 Resistance: $77,400 – $78,000 – $79,500
🔹 Support: $75,500 – $75,000 – $74,000
**My plan:** I remain flat and patient. Looking for a long near $75,500‑$76,000 support or a short if price rejects from $78,000‑$79,500. No confirmation, no trade.
What's your move? 👇
#BTC #FOMC #Geopolitics #etf #TradingPlan
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📌 *This is my personal analysis. Not financial advice. Always do your own research.*