🔴 Stay tuned today for special coverage of the US Federal Reserve's interest rate decision, followed by a press conference with Chairman Jerome Powell. 🇺🇸🇺🇸🇺🇸
⚠️ Just a few hours until the Fed's announcement… and the markets are on tenterhooks!
⛏ Tip for traders:
- Secure your open positions with stop-loss and take-profit orders, and don't leave any trades unmanaged during periods of high volatility.
@cz_binance SAYS "THERE IS SOME COORDINATED ATTACK RECENTLY... LOTS OF ACCOUNTS I DON'T RECOGNIZE SUDDENLY TWEET ROUGHLY COPY AND PASTE ON THE SAME TOPIC"
Why Bitcoin Dropped to 87,000 and Rebounded to 89,000
Bitcoin has been extremely volatile this week, fluctuating between 88,900 – 86,000. Let’s break down the main reasons and factors behind this movement:
1️⃣ Gold and Metals News 🪙
🔵 Recently, there has been strong liquidity pressure 🟢 Liquidity has shifted from the crypto market to gold and metals 🔵 This shift caused unusual market movements 🟢 As a result, Bitcoin dropped slightly but noticeably
2️⃣ U.S. News and Political Factors 🌍
🔵 Potential war with Iran 🟢 U.S. government shutdown 🔵 Statements by Donald Trump 🟢 U.S. economic data and results 🔵 Tariff announcements 🟢 Political tensions between Europe and the U.S. 🔵 Whenever Trump announced tariff increases: 🟢 We observed immediate market drops 🔵 This factor is somewhat negative for Bitcoin
3️⃣ ETFs and Liquidity 💼
🔵 Lack of strong liquidity inflows into ETFs 🟢 This includes BTC, Ethereum, and other crypto funds 🔵 U.S. news and political tension created pressure on investors 🟢 Preventing them from entering the funds 🔵 Therefore, in most recent days, we saw liquidity outflows 🟢 Everyone remembers the effect of ETFs before the rise to 124,000, and how the market behaved back then
4️⃣ Michael Saylor News 📰
🔵 News about Michael Saylor buying Bitcoin often spreads 🟢 The market expects a price increase after the news 🔵 But when the purchase is announced, Bitcoin often drops 🟢 The price Bitcoin drops from is not the same as the price Saylor bought at 🔵 Example:
5️⃣ Miners ⛏️
🔵 Most Bitcoin miners hold their coins 🟢 Some wait for price increases before selling 🔵 Others sell right after mining 🟢 Reasons for selling often include electricity bills and operational costs 🔵 This behavior is normal 🟢 Especially since the next halving is far away (around 2 years and 10 months)
6️⃣ Technical Analysis 📊
🔵 Bitcoin dropped 6 times and rebounded 6 times
🟢 This confirms that economic news, gold, metals, and other factors had a very strong impact 🔵 However, despite this pressure, Bitcoin rebounded after every drop 🔵 A few days ago, I predicted that the movement would be: drop first, then rise 🟢 I expected the drop to be the first phase and the rise the second 🔵 This is what happened so far 🟢 Although with high volatility 🔵 I predicted a negative day with a slightly bearish close and a red candle 🟢 This occurred exactly as expected 🔵 Then a red candle appeared 🟢 Followed by sideways rebound and a 1D green daily close Before: (initial drop on the same day)
After: (rebound on the same day)
7️⃣ Indicators I Use 🔧 🔵 RSI 🟢 Gann Fan (Trend Gann) 🔵 MACD 🟢 Volume
8️⃣ Top 3 Important Market Indicators 📌
USDT.D 🔵 Shows liquidity inflows or outflows 🟢 Rising = outflow / Falling = inflow TOTAL 🔵 Shows overall liquidity movement across all crypto assets 🟢 Even Bitcoin is correlated with it BTC 🔵 Bitcoin-specific indicator 🟢 Shows total market capitalization 🔵 Moves similar to Bitcoin price 🟢 But tracks market cap value 🔵 Very useful to monitor Bitcoin movements
These are the key points that will help you better understand Bitcoin’s price movements ✅
📰🔴 Europe Turns Away from Washington: Seeking New Partners in the East
🔴 Radical Shift: Germany and Europe Declare the Need to Find Economic Alternatives Due to Deteriorating Relations with Washington and the Imposition of Exorbitant US Tariffs
🔴 Turning East: A European Race Towards India and China, Led by Starmer and Macron, to Conclude Strategic Agreements that Threaten a Break with the Traditional US Ally
📌 Impact of the News: Negative for the Euro and Western Alliances; Markets Anticipate a Reshaping of Global Supply Chains and a Shift in the Weight of Trade Towards Asian Powers
$BTC $ETH $BNB BTC has two possible paths: down or up. However, I see a downward trend. Many factors contribute to this, including political and governmental issues such as the potential for another US government shutdown, which resumed after 43 days. This is a high probability.
BTC is currently in a phase of either a breakout or another decline. I anticipate a sharp correction in the market. However, let's not forget the decline in gold and silver last night, which is currently positive for Bitcoin and altcoins.
Bitcoin needs to retest the market after the US market opened. It broke through the 88,350 level, failed to break through, and returned to 88,000.
Currently, we have one negative close and another negative close, but the 4-hour chart hasn't closed yet. Focusing on this is crucial. If a green candle doesn't close, a correction is possible.
A break below 86,000 today could lead to a correction to 83,500. Conversely, a positive close could target 91,500, which isn't unlikely given today's news.
Therefore, the opening of the US market today is very important. If anything goes wrong, we could see a sharp decline. For this reason, you must be cautious when trading.
$BTC The Bitcoin currency has decreased after negative news, which was also due to the rise in gold and pressure on Bitcoin liquidity caused by FOMO (fear of missing out) currently affecting gold and silver. Liquidity is low in the market, which is waiting for any movement from the US markets.
However, there is a very high likelihood of a rebound before the opening of the US markets. We may see movement with the opening of the Asian markets, but currently, Bitcoin is in accumulation zones.
As we see, Bitcoin could return to 86000 tomorrow, or perhaps lower than that, as it's the beginning of the week, so anything is possible. However, I see negative movement.
Breaking the 86,450 level will be negative, but as long as Bitcoin is above 87,150, the chances of a rebound are high, and it may bounce back again. Therefore, the US and Asian markets are closed.
At the opening of the Asian markets, we may see sideways movement, or we may see the opposite. So, anything is possible. Currently, Bitcoin is trading in the range of 87,450.
We expect the price of Bitcoin to range between 85,000 and 80,000. The reason is the large gap between 88,750 and 80,000. Not breaking through this level means that the upward movement has failed, which is considered a retest, and could lead to a very sharp decline, similar to what happened a few weeks ago when Bitcoin collapsed.
In any case, a corrective decline to 86,450 or lower is expected. The best rebound areas currently are 85350 and 84450.
$BTC fell after negative news, which was also due to the rise in gold and pressure on Bitcoin liquidity due to FOMO (fear of missing out) currently affecting gold and silver. Liquidity is low in the market, which is awaiting any movement from the US markets.
However, a rebound is very likely before the US markets open. We might see movement with the opening of the Asian markets, but currently, Bitcoin is in accumulation zones.
As we see, for tomorrow, Bitcoin could return to 86,000, possibly even lower, as it is the beginning of the week, so anything is possible. However, I see a negative move.
Breaking the 86,450 level would be negative, but as long as Bitcoin is above 87,150, the chances of a rebound are high, and it might bounce back. Therefore, the US and Asian markets are closed.
When the Asian markets open, we might see sideways movement, or we might see the opposite. So, anything is possible. Currently, Bitcoin is in the 87,450 area.
If it bounces, that's good; if it doesn't, it's negative, even though it's above, but we haven't seen a daily close. I expect that if we don't see a breakout in the next few hours, it will be negative.
We expect to see Bitcoin between 85,000 and 80,000. The reason is the large gap between 88,750 and 80,000. Failure to break through it means The failed upward move, which is a retest, could lead to a very sharp decline, similar to what happened a few weeks ago when Bitcoin plummeted.
In any case, a corrective drop to 86450 or below is expected. The best rebound zones currently are 85350 and 84450.
$BTC might see a sideways rise today, followed by a momentary correction on the 1D candle, then another correction, and finally a surge to 90,000. Currently, Bitcoin is at 87,940. However, the negative aspect is that the 1D RSI indicator is in oversold territory. We might see Bitcoin fluctuations on the 1W weekly chart in rebound zones, but the US market opens tomorrow. Therefore, we might see a sideways rise as I mentioned, or conversely, if we see signs of war between Iran and Israel, we might see Bitcoin fall, breaking the 86,000 level. Currently, the strongest support is at 86,300. If this fails, and with tomorrow's news, we might see a drop to at least 80,000. Keep in mind that the potential for an upward move exists. Why might Bitcoin fall? It could be similar to what happened when news broke that Bitcoin was at 74,450, and we saw the strongest rise. Currently, we might see a strong rise. We need to break through 88,750 or for Bitcoin to close at 88,300 on the daily chart to rebound on the weekly chart and continue the upward trend. Therefore, let's wait until tomorrow and not rush into trades.
🟥 The US Federal Reserve is expected to keep interest rates unchanged at 3.5%–3.75%, despite pressure from President Donald Trump and growing calls to lower borrowing costs. 🇺🇸
📈 Chicago Board Options Exchange data indicates a 96% probability of rates remaining unchanged at the upcoming meeting.