#BTCUpdate🚀
💰 #BTC has reached the rise we were anticipating, reaching the level of 116,674
📈 The currently active resistances range between $117,000 – $117,220, and breaking through these levels and holding above them strengthens the continuation of the rise, targeting short liquidity areas at $118,000.
📉 As for the critical supports, they lie between $116,000 – $115,800, and breaking them with hourly timeframe closes below may strengthen the decline and push the price towards long liquidity areas.
Regarding #USDTD, it has dropped by 4.30%, reflecting the strengthening of positive market sentiment (currently trading at 4.27%).
The area marked by the blue square on the chart below is very important, and if the rate falls to 4.25% – 4.24% on the hourly timeframe, we may see a bullish rebound that could cause selling pressure in the market.
However, if the decline continues and the rate stabilizes below 4.24%, this supports the continuation of the overall positive market condition. We are closely monitoring developments.
🚨 Friends, we are now in critical areas, and we must take into account the upcoming Federal Reserve interest rate decision tomorrow when making our decisions.
