Today around 8 AM there is BOJ (Bank Of Japan) meeting in which they will decide either they have to increase interest rate or decrease
Most probably they increase interest rate by 25 bips
If they increase by 25 bips it is not much bad news because recent drop from 93K to 84K is resultant of that expectations
Maximum we will see $83K due to that hike and then bounce because there are alot of shorts in market now
Also if we look technically #bitcoin is standing at support area liquidity sweep below last low is possible but after that upside move
If we look at volume volume increased but price did not give sharp bounce that is main reason I am expecting some more drop first like upto $83.5K to $84K and from there upside move upto
$90K is possible if it hold $93K in 4h then we will see $93K
These are most expected targets if BTC hold even $94K then we can say next will be 98K
But at the moment most probable targets are $90K and $94K
So if I conclude that post :
If I see Bitcoin below $84K I will buy and wait for upside t.p like $90k and $93K
