Bitcoin/Tether
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🎓âœĻ FXProfessor's Insights: Bracing for the Fed's Pivotal Move

🎓âœĻSome of you were laughing last year when i posted this at BTC 18K:
BITCOIN- Inflation is Better, Jobs are ok, Let's go Biden
but I had done my analysis right. Both technical (breakout) and Fundamental (just read what i was saying about rates and how market is 6 months ahead!).

In a similar manner i had explained why 45k is closer than most were thinking:
(read it! understand it! learn from it!) 🎓âœĻ

Now:

🙋‍♂ïļ Apologies for the brief hiatus - I've been deeply immersed in my latest AI token project. ðŸĪ–🌐 Though it's been taking up much of my time, I'm still keenly observing the crypto charts, especially Bitcoin. ðŸ“‰ðŸ’Ą

Last we spoke, we dove into Bitcoin's significant support levels, backed by Fibonacci analysis. 📈ðŸ§Ū We saw an intriguing pattern: Bitcoin, after a dip, rebounded almost perfectly in line with our predictions. ðŸŽŊ🔄 This critical support level, a focus since early last year, continues to be a key player. 🗝ïļðŸ’Ĩ We watched Bitcoin approach this level, only to face rejection, nearly a year after we initially spotted it. 🛑âģ

Currently, Bitcoin's vital level is nestled between $47,800 and $49,300, with a more specific aim around $48,400. 🔍ðŸ’ē Additionally, we've pinpointed a new support at $43,091. 🆕📉 Our foresight from last year proved accurate, as Bitcoin indeed rallied to this major resistance level and faced rejection. 🎉ðŸŽĒ

Our "sell the news or buy the breakout at 48" strategy hit the mark. 👍📈 When the anticipated ETF breakout didn't materialize, I shared my first short idea on Bitcoin in two years, timing it almost impeccably. â°ðŸ”―

As we chart this course, the upcoming Federal Reserve decisions are pivotal. 🏛ïļðŸ”Ū Despite a flood of articles and predictions, I'm staying laser-focused on the market's reactions. ðŸ’ŧ🧐 With elections looming, we might see a more cautious approach from the Federal Reserve, which could significantly sway Bitcoin's path. ðŸ—ģïļðŸ“‰

Let's remain alert and see how these events play out. ðŸ•ĩïļâ€â™‚ïļðŸ’Ž If you've been riding the wave of my long-term analysis, I hope it keeps steering you right. 🌊🏄‍♂ïļ The market always has surprises up its sleeve, but with meticulous analysis and an eye on the fundamentals, we're well-equipped to navigate these thrilling times. 🌐🚀

One Love,
The FXPROFESSOR 💙🎓

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