๐ [BTC Update 03/19] Steady After the FOMC Storm!
The FED officially kept interest rates unchanged. $BTC maintains the threshold of 71k, indicating that the market's absorption is very good.
๐ฏ Key "survival" levels:
โข Strong support: 69,500 - 70,500 USD. Staying above this level, the Uptrend remains safe.
โข Resistance: 72,800 USD. Breaking this level with high Volume, the target heads straight to 75k.
โ ๏ธ Strategy: The market is currently in a sideways accumulation after the news. Those playing DCA should stay disciplined. When trading Futures, be careful of liquidation wicks!
๐ Have you managed to gather some stocks during yesterday's red wave? Comment to engage!
โ ๏ธ Note: This is not investment advice (NFA). Please do your own research (DYOR)!