Bitcoin / TetherUS

BTC

156
Hey traders, here's a short update on BTCUSDT
Previous target was hit perfectly, price action barely touched the target point and reverted, shorts gaining ground pushing the price lower.

Two scenarios:
1 . Down to 66 fib. This would be the first logical level, chances of it happening 80%
2. Close below 0.66fib, taking out the CME gap. Chances of this happening 60%

Selloff before the FED announcement or just technical retrace? What is your opinion?

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