#BTC update: The FOMC meeting was a buy the news event, but B | Invetas Signals

#BTC update:

The FOMC meeting was a buy the news event, but BTC got rejected at resistance today, and another lower high was formed. Still, getting a lot more optimistic about this - ever since yesterday, Chinese selling pressure is gone. No more bearish anticipation of the FED raising rates anytime soon.

The first higher high (currently $49500) will be the reversal signal - falling wedge breakout and 4h cloud entry.
https://s3.tradingview.com/snapshots/9/9qwAHIY0.png