FOMC GAME PLAN: Defending 89K & The Path Toward 100K
The market is setting up perfectly ahead of tonightโs FOMC decision. If youโve been following my analysis, you already know the 88Kโ89K Confluence Zone is the critical Line in the Sand for bulls.
4H Chart Check:
89K Trendline Defended: Bulls successfully protected the blue trendline. Higher Lows remain intact.
Current Price (~91.9K): We are sitting in No Manโs Land between support (89K) and resistance (94K).
Entering a trade here is not strategyโฆ itโs gambling. My Veteran FOMC Playbook
FOMC nights are famous for liquidity sweeps violent wicks designed to punish early traders. Hereโs how Iโm approaching it:
BTCUSDT - H4
Scenario A: The Shakeout (Most Likely)
A panic-wick sends BTC back down to 89,000โ89,500 for one final trendline retest.
My Move: Heavy bids in this zone.
Target: 98,000+
Scenario B: The Breakout
If Powell delivers a dovish tone and BTC breaks 94,000 with real volumeโฆ
My Move: Buy the retest of 94K.
Target: 100,000 (Blue Sky Breakout)
Invalidation
Bullish structure breaks only if we close a 4H candle below 87,000.
Until then: Trend = Bullish.
Donโt chase the middle of the range. Let price come to your levels. Pros wait. Retail forces trades.
Rate Cut or No Cut tonight? Drop your vote below ๐
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