#BTCUSDT #BTCUSDTAnalysis analysis on last week of august, | Academy for crypto And Forex on Binance Square

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Bullish

#BTCUSDT #BTCUSDTAnalysis analysis on last week of august, wait about 2 weeks and got profit when break range 

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alhmduliliha 90% close 10 percent continue for waiting price reach at 2 #ZKCUSDT

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* *🚨Fed Rate Decision – Wednesday, Sept 17 🚨* * Forecast: Rate cut of 0.25% – 0.50% 📉 If Cut 0.25% (more likely): USD weakens Gold & risk assets rise steadily Powell’s tone will be key 📉 If Cut 0.50%: USD falls sharply Gold & EURUSD surge Nasdaq & S&P500 may explode 📈 If Hold at 4.50% (less likely): USD strengthens Gold & stocks fall Early spikes may mislead *👉 Market volatility expected. *$BTC $XRP

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The price has decisively broken above a key resistance zone, previously around 112,000-113,000, and is currently consolidating above this level. Context: This breakout occurs after a period of bullish momentum, where the price formed which appears to be an inverse head and shoulders or rounded bottom pattern. The former resistance level has now flipped into a significant support zone, which is currently being tested through consolidation. Insight: The successful breakout and subsequent consolidation above the flipped resistance-turned-support level indicate strong bullish sentiment and a potential continuation of the uptrend. Traders might consider long entries on dips towards this new support zone, with potential targets at higher price levels not yet visible on this chart segment, or if the consolidation resolves to the upside.$BTC

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