Market update: BTC 1D: Bitcoin is almost on the retest line | CryptoFOMO

Market update:

BTC 1D:
Bitcoin is almost on the retest line but still has some space for further dumps. As long as we get a quick bounce from 20k we might expect higher prices but if we loose 9 & 21 EMAs and the 20k support, than the rally we had last week was a bull trap.

SPX 1D:
As is already known crypto follows the stockmarket. SPX might want a retest on 9 & 21 EMAs and also the well defined support zone.
The same scenario as on Bitcoin, if we hold the support zone and the EMAs we could expect a take off in August, if not - GG.

Important: FOMC meet today will announce how they will deal with inflation, if the interest rate will be rised by more than 1% we shall expect some dumps.