Bitcoin / TetherUS

BTC/USDT - Bull or Bear? 📈📉🤔

209
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

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.