Bitcoin has successfully surpassed the
$88.8k mark, reaching a peak on Monday, and it continues to exhibit robust performance. We capitalized on several advantageous trades during yesterday's volatility. However, it is crucial to recognize that B $BTC is currently facing resistance.
The $90k level has acted as a significant resistance point on the 4-hour chart since the end of last week. Should we encounter a rejection at this level, we may witness a retest in the $88k to $87k range.
Conversely, if we achieve a strong 4-hour close above $90k, we could anticipate a rally towards the $93k target. Additionally, it's important to note that the FOMC meeting is scheduled for later today.#FedWatch
