BTC Yesterday’s pump leading up to FOMC turned out to be a typical fakeout. Price rejected from the $82k area and retraced the entire upside move we saw ahead of this news event. So far, BTC is still respecting the ascending trendline and hasn’t swept any of the lows just yet. I believe that one more short-term bounce from here is possible to fill some of the imbalance that was created on this sharp retrace, but ultimately, I believe we will continue lower and take out some of the liquidity between $79k and $77k.