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The $92K level is the crucial level for #Bitcoin.
Relatively harsh rejection has taken place, which means that it doesn't look great in the short-term.
I would love to see this breakout occur, and it remains a scenario, however, given all the lows looking at me in the eyes, I wouldn't be surprised if we get a standard approach like this:
Jerome Powell comes out and remains to be hawkish and says 'I don't know whether we'll proceed with rate cuts' and the entire does a classic sell-off the news type of correction.
This would mean, the markets sweep those lows a final time in 2025, crash to $78-82K and reverse quickly from there.
I think those two scenarios are my scenarios going into FOMC.

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