DanilBlinkov

BTCUSDT Review for today| False bounce?

Largo
BINANCE:BTCUSDT   Bitcoin / TetherUS
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On the hourly timeframe, we are going in a descending channel with clear boundaries, this is our accumulation zone, my expectation is that there will soon be a rebound from the lower border of the channel $21.400

Tomorrow there will be a meeting of the FOMC on July 27, let's see how the market reacts, while there are only short-term goals!

Also pay attention to the RSI indicator is now in the oversold zone.

Or maybe it's a simple manipulation again as it was yesterday? I can’t say for sure just sticking to the classic TA.

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