FOMC Minutes Today: The Catalyst for $70k or $60k? 🏛⚖
The market is holding its breath. As the FOMC minutes drop this afternoon, $BTC is coiled like a spring at $68,150. 📉📈
The "Extreme Fear" (Index: 12) suggests a market that is oversold and waiting for any excuse to rally. If the Fed hints at cooling inflation, we could see a massive short-squeeze toward the $72k resistance. If they remain hawkish, $60k becomes the next logical magnet.
Key Technicals:
🔹 RSI: 43 (Weak momentum, but not yet exhausted).
🔹 Death Cross Risk: We are watching the weekly MAs closely.
🔹 Whale Delta: Large wallet inflows haven't slowed down despite the noise.
Are you positioned for the breakout, or are you sitting in cash?
Follow for the immediate post-FOMC breakdown. 📊