This is major daily resistance for now. However, BTC did break the zone of $59.1k – $59.6k where we have the Monday High, Daily EMA200 and DM VAH. This is an area we would be looking to hold on a retest, but we must remember that we have FOMC today. This is the most important meeting of the year, and the outcome is more undecided than usual. This is very likely to lead to wild volatility with support/ resistanceĀ levels broken. It is key that we trade extra safe today.
After a strong move for Bitcoin yesterday, pushingĀ above $61k, the daily candle was unable to reclaim $60.5k (Prev Week High.)
