BTC/USDT - Bull or Bear? 📈📉🤔
Big week with the FOMC set to announce on Nov 1-2.
A .75 BPS move basically priced it at this point, however markets will be paying attention to any hints of further tightening or a FED pivot.
Taking a look at the BTC/USDT daily chart, we see an important inflection point.
Seems to be a big macro bull vs bear battle taking shape.
Will we go bear and see resistance at the EMA100? 📉
Or is the 4H double top showing a bullish upside? 📈
Either way, we have a crucial week ahead for markets moving into the last 2 months of the year and into 2023.
As always, eyes peeled and head on a swivel. 🤝
-TucciNomics
Chief Overlord, AlgoBuddy
A .75 BPS move basically priced it at this point, however markets will be paying attention to any hints of further tightening or a FED pivot.
Taking a look at the BTC/USDT daily chart, we see an important inflection point.
Seems to be a big macro bull vs bear battle taking shape.
Will we go bear and see resistance at the EMA100? 📉
Or is the 4H double top showing a bullish upside? 📈
Either way, we have a crucial week ahead for markets moving into the last 2 months of the year and into 2023.
As always, eyes peeled and head on a swivel. 🤝
-TucciNomics
Chief Overlord, AlgoBuddy
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