You wake up to $BTC like this, what’s your initial | Crypto Raven on Binance Square

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You wake up to $BTC  like this, what’s your initial reaction? 🤨
#BitcoinBlast 

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The $BTC Fear and Greed Index is currently at "EXTREME FEAR." 🚨 On the other hand, the stock market Fear and Greed Index is approaching the "Neutral" zone. I believe crypto will catch up soon, as it appears very close to the bottom. #CryptoRally

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Market experiencing a heavy hit as of writing this. $ETH will likely look for a support on $2,900. Expecting that to hold for the next $3,500 push. 🚀 #CryptoRally

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$BTC is trying to break the LPSY (Last Point of Supply).🔥 Every time Bitcoin has hit this trendline in the past, it has been rejected and fallen lower. We need a strong break and close above this line, and to stay above it, for the next leg up🚀 #CryptoRally

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The $BTC liquidation map clearly shows significant liquidity resting on both the long and short sides. These are the moments when the market tends to get choppy and confused. 🚨 Bitcoin will eventually hunt both sides, it’s only a matter of timing. Stay cautious and make sure you’re using stop-losses. #CryptoRally

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The FOMC meeting is also taking place tomorrow. $BTC has already priced in a 25 bps rate cut. However, if we get a surprise 50 bps cut, we’ll likely see a strong rally (though this is very unlikely). Otherwise, the market could go sideways. #CPIWatch

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