So, Bitcoin (BTC) is tiptoeing into FOMC week like a cat on a hot tin roof, with those pesky multimonth lows lurking around like a bad joke at a family reunion! 😹
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BTC is holding onto that $80,000 support like a toddler clutching a cookie jar, while upside liquidity is just begging to be snatched up! 🍪
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The Fed is the star of this week’s show, with traders glued to Chair Jerome Powell like he’s the last slice of pizza at a party! 🍕
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Top Bitcoin buyers are back in the game, giving us all a reason to believe the market might just stabilize—like a tightrope walker with a safety net! 🎪
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Historical BTC price cycle analysis is throwing out a jaw-dropping $126,000 target for June—talk about a plot twist! 🎭
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Those who want to “be greedy when others are fearful” should keep their eyes on $69,000—because who doesn’t love a good bargain? 💰
Bitcoin trader sees $87,000 liquidity grab
Last weekend was quieter than a mime convention, with BTC/USD dodging a sell-off like a pro! It only dipped to $82,000 before bouncing back like a rubber ball! 🏀
Data from CryptoMoon Markets Pro and TradingView shows BTC reclaiming the $80,000 mark like it’s the last dance at prom! 💃
“Not a bad Sunday for Bitcoin,” said crypto trader Michaël van de Poppe, who’s probably sipping a piña colada while analyzing the market! 🍹
“We still have Monday to go, but this looks like we’re making a new higher low on Bitcoin before attacking the highs again.”
Other traders are echoing this sentiment, like a choir of market enthusiasts, predicting another retest of those multimonth lows to snag some liquidity and “trap” late shorts—like a cat with a laser pointer! 🐱
“I think Bitcoin will hit 78k first to grab liquidity before an Upside Breakout,” said Captain Faibik, who sounds like he’s ready for a treasure hunt! 🏴☠️
“Once the breakout occurs, Bitcoin is likely to reach 109k in the coming weeks (Possibly by mid-April).”
Fellow trader CrypNuevo noted that liquidity is skewed mostly to the upside, making it a bull’s playground! 🐂
“The area between $85.4k & $87.1k is the main liquidity zone,” an X thread explained, sounding like a treasure map! 🗺️
“A move up targeting this area in the upcoming week seems more than likely.”
Fed’s Powell in the spotlight as FOMC week arrives
Bitcoin and risk-asset traders are all eyes on one thing this week: the US Federal Reserve’s interest rate decision—like waiting for the next episode of a cliffhanger series! 📺
It’s a “pivotal point in time,” and the FOMC’s move will have implications wider than a politician’s promises! 🤥
On the surface, it seems like there won’t be any surprises—like a magician revealing his tricks! 🎩
Powell has been clear he’s not in a rush to cut rates, leading to market bets that current levels will stay unchanged—like a stubborn mule! 🐴
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2025-03-17 11:44