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JUST IN: The Federal Reserve lowers interest rates by 25bps 🇺🇸
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$BTC Struggling below all key moving averages, holding just above the $89,480 low. Bearish consolidation. Trade Setup: · Entry (Short): On a break below $90,000 (resumption of downtrend). · TP1: $89,000 - $89,500 · SL: $91,000 · Entry (Long): Only on a reclaim of $91,000 (back above the short-term moving average). · TP1: $92,000 - $92,500 · SL: $90,000 The bias is bearish below $91,000 . A bounce from $90,000 is likely shallow and a potential trap. Volume is moderate. BTC is in a corrective phase; patience for a clear breakdown or reversal.$BTC #USJobsData
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$BTC pulled back to $90,332, down –2.21%. It's now trading below all the key moving averages short-term momentum has shifted. Key levels to watch: · Resistance above: $90,750–91,125 zone (old support, now resistance). · Support below: $89,480 (24h low). A break here could test $88,995 next. Volume is very low right now means not much buying interest coming in yet. Needs a strong volume push to turn it around. If you're trading, wait for a clear move: · Break back above $91,125 for recovery signal. · Drop below $89,480 opens path lower. Not a time to force a trade. Let the market show direction first. Stay patient.$BTC
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