🚨 $BTC IN A PATTERN BEFORE A STORM! DECEMBER 10 — THE MAIN EVENT OF THE YEAR FROM THE US FEDERAL RESERVE!
🔥 IMPORTANT: $BTC continues to trade within the pattern, and the setup remains valid. The main movement will begin only after a true breakout of the pattern. Until then, the market will move within the structure. Longs are in the overbought zone, which is typical for weekends, but this is not critical right now. The most important event is the US Federal Reserve meeting on the 10th. Not only the rates themselves are important, but also Powell's speech, as it sets the course for future monetary policy.
📊 TECHNICAL ANALYSIS AND SETUPS
Key support for $BTC: $87,700 — current local support. $82,500 — global uptrend.
Alts: The capitalization of altcoins has maintained a global uptrend over the weekend, which is positive.
Scenario: All levels within the structure will remain open until the breakout of the pattern and the Federal Reserve meeting. A correction in Bitcoin's dominance is necessary for the growth of altcoins — this is the main factor. There has been no breakout of dominance yet, it continues to chop the upward line of the pattern.
📊 Your guide in the world of crypto profit - VladCriptoBOS.
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