๐โจ FXProfessor's Insights: Bracing for the Fed's Pivotal Move
๐โจSome of you were laughing last year when i posted this at BTC 18K:
but I had done my analysis right. Both technical (breakout) and Fundamental (just read what i was saying about rates and how market is 6 months ahead!).
In a similar manner i had explained why 45k is closer than most were thinking: (read it! understand it! learn from it!) ๐โจ
Now:
๐โโ๏ธ Apologies for the brief hiatus - I've been deeply immersed in my latest AI token project. ๐ค๐ Though it's been taking up much of my time, I'm still keenly observing the crypto charts, especially Bitcoin. ๐๐ก
Last we spoke, we dove into Bitcoin's significant support levels, backed by Fibonacci analysis. ๐๐งฎ We saw an intriguing pattern: Bitcoin, after a dip, rebounded almost perfectly in line with our predictions. ๐ฏ๐ This critical support level, a focus since early last year, continues to be a key player. ๐๏ธ๐ฅ We watched Bitcoin approach this level, only to face rejection, nearly a year after we initially spotted it. ๐โณ
Currently, Bitcoin's vital level is nestled between $47,800 and $49,300, with a more specific aim around $48,400. ๐๐ฒ Additionally, we've pinpointed a new support at $43,091. ๐๐ Our foresight from last year proved accurate, as Bitcoin indeed rallied to this major resistance level and faced rejection. ๐๐ข
Our "sell the news or buy the breakout at 48" strategy hit the mark. ๐๐ When the anticipated ETF breakout didn't materialize, I shared my first short idea on Bitcoin in two years, timing it almost impeccably. โฐ๐ฝ
As we chart this course, the upcoming Federal Reserve decisions are pivotal. ๐๏ธ๐ฎ Despite a flood of articles and predictions, I'm staying laser-focused on the market's reactions. ๐ป๐ง With elections looming, we might see a more cautious approach from the Federal Reserve, which could significantly sway Bitcoin's path. ๐ณ๏ธ๐
Let's remain alert and see how these events play out. ๐ต๏ธโโ๏ธ๐ฌ If you've been riding the wave of my long-term analysis, I hope it keeps steering you right. ๐๐โโ๏ธ The market always has surprises up its sleeve, but with meticulous analysis and an eye on the fundamentals, we're well-equipped to navigate these thrilling times. ๐๐
One Love,
The FXPROFESSOR ๐๐
In a similar manner i had explained why 45k is closer than most were thinking: (read it! understand it! learn from it!) ๐โจ
Now:
๐โโ๏ธ Apologies for the brief hiatus - I've been deeply immersed in my latest AI token project. ๐ค๐ Though it's been taking up much of my time, I'm still keenly observing the crypto charts, especially Bitcoin. ๐๐ก
Last we spoke, we dove into Bitcoin's significant support levels, backed by Fibonacci analysis. ๐๐งฎ We saw an intriguing pattern: Bitcoin, after a dip, rebounded almost perfectly in line with our predictions. ๐ฏ๐ This critical support level, a focus since early last year, continues to be a key player. ๐๏ธ๐ฅ We watched Bitcoin approach this level, only to face rejection, nearly a year after we initially spotted it. ๐โณ
Currently, Bitcoin's vital level is nestled between $47,800 and $49,300, with a more specific aim around $48,400. ๐๐ฒ Additionally, we've pinpointed a new support at $43,091. ๐๐ Our foresight from last year proved accurate, as Bitcoin indeed rallied to this major resistance level and faced rejection. ๐๐ข
Our "sell the news or buy the breakout at 48" strategy hit the mark. ๐๐ When the anticipated ETF breakout didn't materialize, I shared my first short idea on Bitcoin in two years, timing it almost impeccably. โฐ๐ฝ
As we chart this course, the upcoming Federal Reserve decisions are pivotal. ๐๏ธ๐ฎ Despite a flood of articles and predictions, I'm staying laser-focused on the market's reactions. ๐ป๐ง With elections looming, we might see a more cautious approach from the Federal Reserve, which could significantly sway Bitcoin's path. ๐ณ๏ธ๐
Let's remain alert and see how these events play out. ๐ต๏ธโโ๏ธ๐ฌ If you've been riding the wave of my long-term analysis, I hope it keeps steering you right. ๐๐โโ๏ธ The market always has surprises up its sleeve, but with meticulous analysis and an eye on the fundamentals, we're well-equipped to navigate these thrilling times. ๐๐
One Love,
The FXPROFESSOR ๐๐
โจ๐ฆ ๐๐ CRGPT Token : Join the Crypto AI Revolution ๐ www.cryptogpt.io/
๐FOREX SPECIAL: fxprofessor.com/forex-special ๐ก๐๐ฌ Public Telegram: www.t.me/fxprofessor88 ๐
๐FOREX SPECIAL: fxprofessor.com/forex-special ๐ก๐๐ฌ Public Telegram: www.t.me/fxprofessor88 ๐
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