BTC/USD Price is consolidating at the $28K region while trad | Asymmetry
BTC/USD
Price is consolidating at the $28K region while traders await the FOMC update. The price is also below the bigger range—value area low, which will be significant resistance. Further up, we have a weekly level of resistance at $29K. With the upcoming FOMC volatility and price just below big levels of resistance. Opening new longs here is high risk, and I would rather wait for the new release first before lining up the next trade. Support levels are $27800 and $27125; both are daily levels of support
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