BTC UPDATE
Consolidation continues...
The price dumped to the $28,450. We may see a
continuation of this decline down to $27,100 support.
More to say, the
FOMC meeting and Fed’s
interest rate decision is scheduled for the 3rd of May. This weekly promises to be
highly volatile.
If these events will do nothing to
push #DXY upwards, chances of going upward will significantly increased. The target of this upward movement will be in the
$32,500 - $33,000 zone. Otherwise, the local trend will be broken.
As long as we stay above the
$27,000 level, the priority remains upwards.
