Bearish Bitcoin Move Looms Ahead of FOMC Volatility

٢٧ يناير

This week is expected to bring heightened volatility to the Bitcoin market due to the Federal Open Market Committee (FOMC) meeting, which typically impacts financial markets significantly. Bitcoin is currently trading at 101,958.3 USD, down 0.57% in the session, and is within a key zone of interest, 102k–96k, which could act as a magnet for price movements due to the significant liquidity below these levels. A short position has been placed at 108,353.0 USD, targeting lower levels within the identified range, with a stop loss positioned at 114,193.4 USD to manage risk effectively in case of a bullish breakout. Multiple take-profit levels have been identified, with the first target at 103,214.5 USD, the second at 102,726.4 USD, and the final target at 92,004.8 USD. The setup is designed to capitalize on the potential downward move while maintaining a controlled risk. Peak profit for this trade is currently noted at 0.71%, with further room for expansion if the price descends into the broader range. Significant liquidation zones are clustered below the 102k level, which may lead to sharp moves downward if triggered. With FOMC week ahead, market participants should expect unpredictable price swings, requiring disciplined execution and adherence to risk management. The bias remains bearish for Bitcoin in the short term, given the current market structure and the presence of strong selling pressure near the identified zones. This short trade setup aligns with the technical and fundamental conditions anticipated for the week, and traders are advised to monitor key levels closely and adjust their positions as necessary to adapt to evolving market conditions.

٢ فبراير

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