CryptoW1neer

BTCPERP fundamental analysis.

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BINANCE:BTCUSD.P   BTC Perpetual Futures Contract
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Fundamental Analysis
▫️The Fed meeting will be held on the 27th of this month, the US Federal Reserve System (FRS) signals that it is likely to raise the key rate by 75 basis points

For the time being, I think I'm not in a hurry with a short position, while I'll just watch the market. We need to see how the market reacts to the rate hike.
If you stick to the plan on the chart, then I expect a test of the $20.746 trend line

Bitcoin started to be thrown off earlier than I thought, it could be a simple manipulation. I think they can endure by 0.2 Fibonacci.

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