#fomcwatch
FOMC REACTION: $BTC SHAKEOUT IN PLAY - KEY SUPPORT AHEAD
The Fed delivered the expected 25 bps rate cut, but instead of a breakout toward new highs, Bitcoin sold off sharply. Classic “buy the rumor, sell the news” behavior as market makers flush late longs before committing to the next directional move.
Market Update:
BTC is trading near $90,700, pulling back toward a critical structural support zone.
This price action aligns with the anticipated shakeout scenario, with BTC now moving into a major confluence support area between $88,000–$89,000.
There’s no panic here - this looks like a healthy retest, not a breakdown. The broader structure remains bullish as long as key trend support holds.
Updated Trading Plan
Buy Zone:
• $88,000 – $88,500 (key demand zone)
Confirmation:
• Rejection wick + H4 close above support
Invalidation:
• Daily close below $87,000
Upside Target:
• $96,000 if support holds
This move is designed to shake out weak hands. Smart money is waiting at support.
Your move: Are you buying the dip or waiting for confirmation?
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